Newmark Grubb Knight Frank (NGKF) is pleased to announce that Corey Chase, senior managing director in the firm’s Chicago office, and Chris Mongeluzo, vice chairman in the firm’s New York office, recently completed the purchase of 2505 Diehl Road in Aurora, Illinois on behalf of the buyer, Certified Laboratories, Inc.
2505 Diehl Road is an 18,000-square-foot industrial/flex facility comprising 16,000 square feet of office space. The property features one drive-in door, 16’ ceilings and is divisible and expandable. Located in Aurora just off of the new Eola Road interchange in White Oak Business Park, Certified Laboratories, Inc. will convert the property to lab space.
“After an extensive search and site selection analysis, 2505 Diehl Road was ultimately selected due to its centralized location and ample parking available for the high-volume of employees that will work at this location,” said Chase. “Also, this flex type property made it a perfect fit for our client to easily convert the space for its specific needs.”
Founded in 1926, Certified Laboratories, Inc. is a private, independent laboratory comprised of four nationally recognized laboratories located in New York, Illinois, Southern California and Northern California. Each of these laboratories has developed its own area of expertise and is an acknowledged leader in the field of food analysis with a wide array of clients from mom and pop startups to national, well known food companies to the FDA. Certified Laboratories, Inc. purchased 2505 Diehl from private owners for an undisclosed price. Dave Prioletti of CBRE represented the seller in the transaction. Certified Laboratories, Inc. will take occupancy of its new space late 2017.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.