Neuco Inc., a master distributor of HVACR replacement parts to wholesale distributors throughout North America, is relocating its headquarters from Downers Grove to Bolingbrook.
John Whitehead and Jeff Fischer, NAI Hiffman executive vice presidents represented Neuco Inc. in its purchase of a 145,000 square-foot building from Duke Realty.
This new facility will operate as its headquarters and main distribution center for approximately 130 employees.
Mayor Roger Claar recently welcomed Neuco and its 130 employees to the village. "Neuco fits perfectly into the village's diverse distribution and logistic building landscape," he said.
The Village's location and business friendly environment has produced more than 30 million square feet of new industrial buildings during the mayor's tenure.
Located two miles from the I-355 & I-55 interchanges, 515 W. Crossroads Parkway is a stand-alone precast facility. The building will undergo a substantial interior and exterior renovation to increase the office, parking and loading necessary for its continued growth. Lee & Associates' Terry Grapenthin and Jeff Galante represented the owner, Duke Realty in the sale.
Neuco is a third-generation, family-run business.
NAI Hiffman is based in Oakbrook Terrace.