June 17, 2019
Minneapolis-based United Business Mail (UBM) has signed a 203,000-square-foot, full-facility lease at 801 Bryn Mawr in Itasca, IL, representing a nearly 150% increase in space. Colliers International | Chicago’s Steven Kohn represented the company in the transaction.
The new Itasca property will serve as UBM’s Midwest hub. It includes 6,100 square feet of office space.
The main draw for UBM was the building’s power. At 2,500 amps, the building has more than five times the power typically found in comparable properties today. UBM will use the increased capacity to run dozens of mail sorting machines and air conditioning systems.
“UBM’s business is unique—one of a kind, really—and demand for its service is growing exponentially throughout the U.S.,” said Kohn. “With this lease, it’s not only better positioned for additional growth, but also able to better serve its core customer base.”
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