February 10, 2003
Chicago – Panattoni Development Company, LLC, recently broke ground for a $5,000,000, 55,000 SF build-to-suit-for-lease corporate headquarters and distribution facility for Troy, MI-based Expert Corporation at Panattoni’s Windham Lakes Business Park in Romeoville, IL, announced John M. Pagliari, Partner in the Chicago regional office of Sacramento, CA-based Panattoni, a national build-to-suit development company.
Located on a 4.26-acre site at 1355 Lakeview Drive on the southeast corner of Lakeside and Arbor Drives, the building has excellent exposure and immediate access to the interstate system via I-55. When the building is completed in April of 2003, Expert will relocate its corporate headquarter from Troy to Romeoville.
“This is a big day for Expert and for my family,” said Roman M. Kuropas, Expert’s Chief Executive Officer, whose entire family including his two-year-old son, Max, participated in the ground-breaking ceremony for the building. “Panattoni has been wonderful to work with, and I appreciate their professionalism and consider them friends,” he said.
Palatine, IL-based Harris Architects, Inc., has designed the building, and Elgin, IL-based IHC Construction Companies, LLC, is the general contractor. In addition to warehouse space, the facility, which is expandable to 90,000 SF, includes 8,000 SF of office space and approximately 46,000 SF of state-of-the-art injection molding and automation systems. The precast concrete building has 24’ clear ceilings, a 15-ton bridge crane, two exterior docks, one drive-in door, and parking for 82 cars.
The Insignia/ESG team of Jeffrey C. Fischer, Director, and Mark J. Moran, Assistant Director, represented Panattoni in the transaction. “We are very happy to welcome Expert Corporation to Romeoville. Their new headquarters building is yet another example of Panattoni’s commitment to creating a quality built environment,” said Fred Dewald, Jr., Mayor of Romeoville.
Windham Lakes Business Park has 159 acres of available land, comprised of 12 build-to-suit sites from two to 40 acres, capable of supporting a total of 2,500,000 SF of space with buildings ranging from 20,000 SF to 800,000 SF. During the fourth quarter of 2002, Panattoni broke ground on its newest speculative distribution center, the 495,000 SF Windham Industrial Center VII, located at 1070 Windham Parkway at the northwest corner of Weber Road and I-55. The building, scheduled for completion during 2003, is expandable to 740,000 SF. Panattoni also owns 218 acres of land at Windham Lakes Southwest, located at the southwest quadrant of I-55 and Weber Road in Romeoville. This parcel is divisible into sites ranging from five to 30 acres, capable of supporting a total of 2,200,000 SF of space with buildings ranging from 100,000 SF to 750,000 SF.
Expert Corporation is an international firm specializing in the development, production and assembly of systems and components for the automotive industry. The company provides evaporative emissions systems, front-end modules and tube-bending technologies for clients including General Motors and Volkswagen. Expert has served global markets for more than 40 years and has offices in Germany, Spain, Belgium and Brazil. To learn more about the company, visit www.expertc.com.
Panattoni is a privately held, full-service development company, founded in 1986 by Carl Panattoni. Since then, the company has developed more than 65,000,000 SF of space. Currently one of the largest developers of build-to-suit projects in the country, Panattoni develops, leases, owns and manages industrial, office and retail properties. It currently manages a 33,000,000 SF portfolio.
For more information about Panattoni, visit the company website at www.panattoni.com or contact either John M. Pagliari, Partner, at (847) 294-5290 or Michael P. Murphy, Partner, at (847) 294-5291 at the Rosemont, IL-based Chicago regional office.
Contact: Nikki Block, President, Block Associates, Inc. (847) 615-2855
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May 11, 2010 -

Sale of 522,000 Square Foot Building in Panattoni Business Center at Ballard Road

April 12, 2010 -

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March 29, 2010 -

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March 15, 2010 -

Ashley Furniture Signs Major Lease at Panattoni's Airtex Industrial Center

March 2, 2010 -

Panattoni's Class A Flex Building in Beltway 8 Corporate Centre Reaches 92% Occupancy

December 21, 2009 -

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November 10, 2009 -

Major Industrial Acquisition in PA Made By Panattoni Development on Behalf of Fund

September 28, 2009 -

Panattoni Development Company Signs 136,250 SF Lease

September 4, 2009 -

Panattoni Completes Huge Distribution Facility for Whirlpool

August 13, 2009 -

Panattoni Development Company and Goodwill Industries of Seattle Sign 108,000 SF Lease
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July 28, 2009 -

Panattoni Lands Build-to-Suit Assignment in Houston

June 22, 2009 -

Catoosa County Economic Development Authority Appoints Panattoni to Develop 50 Acre Business Park

June 11, 2009 -

PANATTONI DEVELOPMENT COMPANY PURCHASES MARYLAND FARMS OFFICE BUILDING
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September 26, 2008 -

Panattoni Development Company Acquires 59 Acre Site for Industrial Development

August 8, 2008 -

Panattoni Acquires 51 Acres in Collington Trade Center

July 21, 2008 -

Panattoni Completes Major Retrofit and Leases Duluth Office Building

June 23, 2008 -

Panattoni Development Company Selected for 700,000 SF Build-to-Suit Project

June 5, 2008 -

Ford Sells St. Louis Property to Panattoni

June 2, 2008 -

Peek Joins Panattoni Development

April 17, 2008 -

Panattoni in Sale/Leaseback Transaction in Smyrna, Georgia

February 27, 2008 -

Panattoni Announces 93,000 Square Foot Kohl's at the Shoppes at Southern Palms

February 15, 2008 -

Panattoni Acquires 60-Acres and 1 Million SF of Office Buildings from Boeing in Anaheim, CA
Names Project Anaheim Concourse

January 29, 2008 -

Elliott Appointed Leasing Director for Panattoni's Retail Operations in Southern California

January 23, 2008 -

Townsend to Direct Maryland and Central Pennsylvania Operations as Senior VP, Project Principal

January 14, 2008 -

Salmon Joins Panattoni Development to Direct Operations in Dallas/Ft. Worth, TX

January 3, 2008 -

Panattoni Acquires Houston Based Archway Properties
Dennis to Direct Operations

November 12, 2007 -

Panattoni Acquires Two Properties in the Silicon Valley Adding to its Inventory

November 5, 2007 -

Panattoni Development Company, LLC Taps DeNicola to Head Retail Division

November 1, 2007 -

Panattoni Development Company Opens an Office in Calgary

October 25, 2007 -

Panattoni Acquires 5 Building Complex in Nashville

October 4, 2007 -

Kindred Joins Panattoni Development Company, LLC

September 11, 2007 -

Panattoni Development Company, LLC Negotiates 3,884 SF Lease with Medical User

August 29, 2007 -

Twin Peaks Mall Aquired By National Developer Panattoni

May 25, 2007 -

Panattoni Development Company, LLC Negotiates 5,549 Square Foot Lease

May 3, 2007 -

Geisreiter Joins Panattoni Development as Partner to Direct Northern California Office Development

April 25, 2007 -

Panattoni Appoints Batcheller Partner to Direct Orange County and Inland Empire Operations

April 10, 2007 -

Panattoni Development Company, LLC Negotiates 149,705 SF Lease

March 23, 2007 -

Panattoni Development Company Plans 35 Acre Flex/Light Industrial Development Project

February 20, 2007 -

Panattoni Appoints Retail Partner

January 30, 2007 -

Panattoni Development Company, LLC Announces Appointment of Partner

January 16, 2007 -

Panattoni Breaks Ground on the First Office Building in a New 27 Acre Development in Carmel, Indiana

January 2, 2007 -

Panattoni Adds Gebhardt as Partner in Southern California

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