July 17, 2019
Duke Realty signed a lease with Acer Service Corporation for an additional 50,570 square feet at 16508 S. John Lane Crossing in Lockport, IL. The expansion comes 16 months after Acer’s first lease for 166,024 square feet, and brings the property, known as Lockport 16508, to 72% occupancy.
“This building is well-suited for Acer, as well as other companies that need convenient connections to the Chicago metro area, due to its proximity to several major interstates and the BNSF and Union Pacific intermodal yards in Elwood and Joliet,” said Duke Realty’s Susan Bergdoll.
”Located along I-355, the building is just five miles from I-80 and seven miles from I-55, plus is close to many convenient amenities.”
Colliers International’s Jim Herbst represented Acer in the lease. The property’s listing agents, Jason West and Sean Henrick from Cushman & Wakefield, represented Duke Realty.
For comments, questions or concerns, please contact Paul Bubny