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ASSA ABLOY Door Group, LLC Renews 67,897 SF of Warehouse Space in Carol Stream, Illinois and Elkhart, Indiana

January 7, 2010

CHICAGO, IL, January 7, 2010 – ASSA ABLOY, an international corporation based out of Sweden, manufactures mechanical locks, security doors and electro-mechanical products for use in commercial, institutional and private properties. The ASSA ABLOY Door Group, LLC, recently signed two renewals for 44,647 square feet at 235 Lies Road in Carol Stream, Illinois and 23,000 square feet at 53518 County Rd 9 in Elkhart, Indiana.

In Carol Stream, the multi-tenant warehouse was built in January 2001 and is in a prime Central DuPage County location. Building features include a single ply EPDM roof, 28-foot ceiling heights, 10 exterior docks, excellent access to I-355 at Army Trail Road, and low DuPage County taxes.

Tim Cahill, Vice President, and Robert Tamillo, Senior Associate in the Chicago office of UGL Equis, represented ASSA ABLOY in the lease transaction. The owner of the building is Chicago Industrial Investments and the broker representing the Landlord was John Gledhill, a First Vice President with CB Richard Ellis in Schaumburg.

“We were able to negotiate a very competitive renewal rate for ASSA ABLOY providing upfront savings with upgrades in lighting, making the facility more energy efficient,” said Cahill.

For further information Mr. Cahill may be contacted at: 312-424-8129

About UGL Equis Corporation
UGL Equis is a corporate real estate firm that focuses exclusively on the business space user. The company has more than 42,000 affiliated employees in 14 countries around the world through its parent company UGL. Chicago-based UGL Equis provides comprehensive real estate solutions through portfolio strategy and management, transaction advisory, corporate finance, project services, workplace integration, data management, facility management, development management and audit and recovery services for national and global companies with office, industrial and retail opportunities throughout the United States, Mexico, Asia Pacific, Europe and the Middle East. UGL Equis and its sister company UGL Unicco, are subsidiaries of UGL Limited (ASX: UGL). For additional information, please visit www.ugl-equis.com.

For further information, please contact:
Tim Cahill – UGL Equis: 312.424.8129 or Timothy.Cahill@ugl-equis.com
Richard Lindberg – UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com



For more information contact:

Richard Lindberg
Assistant Vice President
161 N. Clark St., Suite 2400
Chicago, Illinois 60601
312-424-8172
Richard.Lindberg@ugl-equis.com

 

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