Timothy Thompson, executive vice president and managing director of the Industrial Brokerage division, HSA Commercial Real Estate, represented Denver-based Industrial Income Trust Inc. in a long-term, 147,625-square-foot lease with Casio America, Inc. at 1203 Bilter Road in Aurora, Ill. Casio, a leading manufacturer and seller of consumer electronic devices, will relocate from Glendale Heights, Ill. and will utilize the Aurora facility for its regional distribution operations
The 294,740-square-foot Bilter Road facility was developed by HSA Commercial in 2007 and was sold to Industrial Income Trust Inc. as part of a $100 million portfolio sale in 2010. The facility, which features 30-foot clear heights and convenient access to Interstate 88, is now fully-leased since Thompson also assisted Industrial Income Trust Inc. in a 147,115-square-foot lease with supply chain management firm UTi Worldwide, Inc. (Nasdaq: UTIW) last October.
Andy Corken of The Modal Group represented Casio America Inc. in the lease transaction at 1203 Bilter Road, and UTi Worldwide, Inc. was represented by Jeff Janda of Lee & Associates.
About HSA Commercial Real Estate
Founded in 1981, Chicago-based HSA Commercial Real Estate is a diversified, full-service real estate firm specializing in office, industrial, retail and health care real estate leasing, management, marketing, development and financing on a national basis. Along with developing and acquiring more than 50 million square feet of commercial real estate across the United States, with a total consideration in excess of $2.5 billion, HSA Commercial Real Estate has represented owners and tenants in more than 10,000 transactions in 43 states; manages a property portfolio in excess of 16 million square feet in locations across the nation; and owns more than 16 million square feet of commercial property in 14 states.