News
HH Gregg Picks Aurora Warehouse
June 8, 2011
| Indianapolis-based appliance and electronics retailer HH Gregg continues its move west with a 297k SF warehouse lease at IDI's Prairie Point West, Building A. Set to open up to 20 stores in the Chicago area over the next year, it needed a distribution center closer to Chicago. | |||
 | |||
| IDI's Jeff Langhan says the building's security (IDI will provide a secured truck court and enhanced security) and location drew the electronics retailer to the 2176 Diehl Rd building. A central location near a strong labor pool and highways also helped. We're told there's also 116k SF left to lease. (Living next to HH Gregg means your neighbor will always have the best TV to watch the game.) The park also has a second building owned by Freudenberg Real Estate. The deal, Jeff says, is indicative of continued absorption on the I-88 corridor in the first half of 2010. CBRE's Kirk Armour and David Prell repped IDI. Colliers International's Lawrence Shaw and Matthew Stauber repped HH Gregg. | |||
