DFS Signs 62,598 SF Lease at Industrial Complex in Lockport, Illinois

Thursday, October 27th 2016

LOCKPORT, ILL. — DFS Inc., a food and grains supplier, has signed a 62,598-square-foot lease at 355 Corporate Center building No. 2 in Lockport, Ill., about 35 miles southwest of Chicago. The new lease puts Panattoni Development Company’s 228,690-square-foot speculative building at 100 percent occupancy and marks the completion of Phase I, which consisted of two light industrial buildings. UPS leased the first building in its entirety immediately upon completion, and Illinois Industrial Tool took 166,092 square feet in the second building in August.

Panattoni recently broke ground on Phase II of the project, a 300,158-square-foot building scheduled for completion in spring 2017. Mark Barbato and Adam Stokes of Nicolson, Porter & List represented Panattoni in the lease transaction with DFS.