Sunday, November 14, 2010

Grubb & Ellis Facilitates Sale of Freezer/Cooler/Distribution Center to Supreme Lobster & Seafood Co.

  
ROSEMONT, IL– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced that it facilitated the sale of 279 Marquette Drive (top left photo) in Bolingbrook, a 101,088-square-foot freezer/cooler and distribution facility, to Supreme Lobster & Seafood Company.

 The sale represents the expansion of Supreme Lobster from its current operations in Villa Park.

Matt Mulvihill (middle right photo), executive vice president, Industrial Group, represented Supreme Lobster.  Jack Cozzie, senior vice president, Global Logistics Group, Jim Cummings, associate vice president, Industrial Group, and Frank Melchert, senior associate, Food & Cold Storage Group, represented the sellers, M&E Cold Storage, The Crowne Group and United Insulated.

“This facility gives Supreme Lobster a prime opportunity to expand its operations into a modern building with state-of-the-art building improvements,” said Mulvihill. 

 “The building is also ideally located in relation to the company’s customer base, supporting Supreme Lobster’s status as the leading seafood supplier of fresh and frozen seafood product in the greater Chicago area.”

Built in 2004, 279 Marquette Drive is a freestanding freezer building with 73,000 square feet of freezer space, 12,600 square feet of refrigerated dock space and approximately 15,000 square feet of office space.

Features include excellent expressway access, a desirable business park setting, 60-foot deep staging area and a clearance height of 35 feet. 

The property is also expandable by more than 50,000 square feet.

 Contact: Erin Mays. Phone: 312.698.6735. Email: erin.mays@grubb-ellis.com

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