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REIFF AND REIFF OF PAINE/WETZEL TCN WORLDWIDE COMPLETE LEASE TRANSACTION FOR SPX GENFARE

Paine/Wetzel TCN Worldwide is pleased to announce that Phil Reiff, Sr., Senior Vice President and Phil Reiff, Jr., Associate have represented SPX Genfare, in a long term lease at 800 Arthur Avenue in Elk Grove Village. The tenant will be relocating and expanding from their current location at 751 Pratt Boulevard, also in Elk Grove Village.

The modern 71,841 square foot facility was selected for its corporate amenities and will be finished to include 30,000 square feet of high finish office and tech center space. The single tenant building features 25 foot clear height, 12 truck docks and 152 parking spaces.

Paine/Wetzel TCN Worldwide is pleased to announce that Phil Reiff, Sr., Senior Vice President and Phil Reiff, Jr., Associate have represented SPX Genfare, in a long term lease at 800 Arthur Avenue in Elk Grove Village. The tenant will be relocating and expanding from their current location at 751 Pratt Boulevard, also in Elk Grove Village.

The modern 71,841 square foot facility was selected for its corporate amenities and will be finished to include 30,000 square feet of high finish office and tech center space. The single tenant building features 25 foot clear height, 12 truck docks and 152 parking spaces.

SPX, a global equipment and manufacturing company is headquartered in Charlotte, North Carolina. The Fortune 500 Company will be designing and manufacturing fare solutions for transit agencies at the new facility.

The landlord, Prologis, was represented by Collier’s Matthew Stauber and Tom Rodeno.