JRT Realty Group Inc. negotiated an industrial lease agreement with a supplier of concrete and masonry construction products for 230,768 square feet of space in Elk Grove Village, Ill., for an undisclosed price.
The Symons Concrete Forming Group of Dayton Superior Corp. will use the property, owned by TIAA-CREF, as its new headquarters.
The two-story property, located at 2400 Arthur Ave., includes more than 203,000 square feet of warehouse space, 27,426 square feet of office space, 20 interior docks with levelers, an expandable drive-in door and ample on-site parking.
According to Greg Smith, JRT’s executive vice president, the property is located near O’Hare International Airport and provides easy access to “the largest trucking and freight carrier hub in the country.”