Newmark announced today that it has successfully represented Animal Supply Company in a long-term, 220,000-square-foot lease at 1323 Brewster Creek Boulevard in Bartlett, Illinois. Animal Supply Company, the nation’s leading distributor of wholesale pet products, signed the lease within Brewster Creek Business Park following Newmark’s strategic analysis of suitable, local options for the company’s new location.
Relocating from 6450 Muirfield Drive in Hanover Park, Illinois, Animal Supply Company selected Newmark to assist in finding the firm a more efficient space. Newmark Senior Managing Director Adam Marshall, SIOR, CCIM, Executive Managing Director Brian Carroll and Director Mark Deady, CCIM, provided site selection services for the firm, along with lease negotiations and financial analyses. Animal Supply Company secured 220,000 square feet within Brewster Creek Business Park based on its location.
“Animal Supply Company wanted to consolidate two facilities into one to gain efficiencies and create expansion for its growing business,” said Marshall. “Brewster Creek Business Park was ultimately selected after a Chicago area search due to its ideal distribution location and its proximity to the firm’s existing work force.”
1323 Brewster Creek Boulevard is a 421,401-square-foot, Class A warehouse facility. Newly constructed in the summer of 2017, the property features 32’ clear height, 48 dock doors, 40 trailer spaces, T-5 lighting and ESFR sprinklers. Jeffrey Janda and Steve Bass of Lee & Associates represented ownership in the lease negotiations.
Newmark is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. Newmark’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, corporate advisory services, consulting, project and development management, property and corporate facilities management services, valuation and advisory services, and capital markets services provided through its Newmark Capital Markets brand. For further information, visit www.ngkf.com.
Newmark 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 www.bgcpartners.com.