CHICAGO, IL, November 6, 2009 – Mike Cello, Vice President of Chicago-based UGL Equis concluded a sublease agreement with a long-term extension at 1140 W. Thorndale in Itasca, IL on behalf of Enable Holdings, Inc, a leading asset recovery solutions company doing liquidation auctions for retail products through their uBid.com, RedTag.com, and Dibu Trading auction websites, it was announced today.
Enable Holdings will sublease 48,000 s.f. of flex/office space from Unistrut Corporation, manufacturers of metal framing and telescopic tubing and struts. The new facility allows Enable Holdings to consolidate its office and distribution facilities within a single location.
Located in the Cornerstone Business Park, the 1140 W. Thorndale property is a Class B, flex building with approximately 48,000 rentable square feet with 19,200 total square-feet of office space. The building features interior docks, drive-in doors, 20-ft. clear ceilings, 100 surface parking spots and is adjacent to I-290 in the Western, East-West Corridor.
Daniel O’Neill, Executive Vice President of the NAI Hiffman Office Group in Oak Brook Terrace represented TA Associates Realty of Boston, the recorded owner of the building. UniStrut, the sub-landlord, was represented by Kevin Rogers, Senior Vice President at CB Richard Ellis in lease negotiations.
About UGL Equis CorporationUGL Equis is a corporate real estate firm that focuses exclusively on the business space user. The company has more than 42,000 affiliated employees in 14 countries around the world through its parent company UGL. Chicago-based UGL Equis provides comprehensive real estate solutions through portfolio strategy and management, transaction advisory, corporate finance, project services, workplace integration, data management, facility management, development management and audit and recovery services for national and global companies with office, industrial and retail opportunities throughout the United States, Mexico, Asia Pacific, Europe and the Middle East. UGL Equis and its sister company UGL Unicco, are subsidiaries of UGL Limited (ASX: UGL). For additional information, please visit www.ugl-equis.com.
For further information, please contact:Mike Cello – UGL Equis: 312.424.8228 or mike.cello@ugl-equis.comRichard Lindberg – UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com
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