April 2020

Long-Term Lease Renewal in Former Ashley Capital Chicago Industrial Park

Calumet Business Center

Del Monte Foods renewed their lease for 10 years in the Calumet Business Center, a major warehouse in Chicago.

Gary Rosecrans from Ashley Capital, who brokered the sale of Calument Business Center to Glen Una in 2017, said of the industrial asset in Chicago: “Calumet Business Center is a truly one-of-a-kind business park, with strong ‘stickiness’ of tenants that need either rail service or support local manufacturing processes.” Gary added, ““As a testament to the enduring value of this space, Del Monte has been here for 20 years and has committed to 10 more.”

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