Rosemont, IL

Jack H. Rosenberg, SIOR, Principal; and Frederick L. Regnery, Senior Vice President, both with the Industrial Services Group of Colliers Bennett & Kahnweiler Inc. (Colliers B&K) represented LG Electronics USA Inc. in a 408,966-square-foot renewal / extension at Park 55, 875 Crossroads Parkway, Romeoville, IL.  The owner is Duke Realty Corporation.

875 Crossroads Parkway is a 528,218-square-foot building constructed by Duke Realty Corporation in 2005.  The fully-leased building features 30’ ceiling height, 68 exterior docks, and ESFR sprinklers. The space leased by LG Electronics includes 3,200 square feet of office area. The building serves as the company’s Midwest distribution center.

LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $35 billion global force and technology leader in home appliances, consumer electronics, mobile communications, business solutions and air conditioning. 

“It was important to LG to remain in the facility due to its modern construction and location in the I-55 Corridor. Recognizing this, Duke Realty worked with them collaboratively to structure a very favorable lease extension in line with current market conditions,” said Regnery. 

About Colliers International

Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 12,700 employees span the world in 294 offices in 61 countries. On a worldwide basis, Colliers manages 1.1 billion square feet, and has revenue of $US 1.6 billion.

Contact Information

Aimee Course

Director of Marketing and Communications

Colliers Bennett & Kahnweiler

847-698-8243

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