Press Releases

Transwestern Represents Industrial Robotics Company in HQ Relocation

September 16, 2020


CHICAGO – Transwestern Real Estate Services (TRS) announces Chicago Electric has signed a new, 46,559-square-foot lease at 865 Muirfield Drive at the Turnberry Lakes Business Center in Hanover Park, Illinois. Senior Executive Vice President Michael Marconi, SIOR, and Executive Vice Presidents Joe Karmin and Justin Lerner, SIOR, provided tenant advisory services on behalf of Chicago Electric.

Chicago Electric offers products, systems and complete machine solutions for automation in a range of industries with an emphasis in corrugated containers, plastic processing, packing, building materials and consumer products. As the company’s business is growing, Chicago Electric was looking to relocate from its 14,000-square-foot lease in Carol Stream and expand into a new corporate headquarters and showroom.

“Chicago Electric had a unique requirement, and 865 Muirfield was the right property to accommodate its needs,” said Marconi. “The building has an existing office and showroom capabilities, and it is located in a prestigious business park with excellent highway proximity.”

The industrial warehouse is 2 miles from the Hanover Park Commuter Rail, 3 miles from the Schaumburg Commuter Rail and 30 minutes from O’Hare International Airport.

About Transwestern Real Estate Services

Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets, and Research & Investment Analytics.

The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.

Media Contact:

Cicely Samuels
312.881.7036
cicely.samuels@transwestern.com
twmediarelations@transwestern.com

Michael Marconi

Senior Executive Vice President

Rosemont, Illinois

(847) 588-5689

Joe Karmin

Executive Vice President

Rosemont, Illinois

(847) 588-5670

Justin Lerner

Executive Vice President

Rosemont, Illinois

(847) 588-5665