Newmark Facilitates Expansion of Dynamic Manufacturing’s Operation with New 79,532-SF Lease

October 29, 2024 12:00 PM

Newmark announces it has secured a new 79,532-square-foot industrial lease at 4160-4190 Madison Street in Hillside, Illinois. The transaction welcomes tenant Dynamic Manufacturing, Inc., a family-owned and operated automotive manufacturer, who will occupy the entire facility. Newmark Senior Managing Director Corey B. Chase facilitated the transaction on behalf of the tenant.

"Courtesy of a longstanding, history with the tenant, our understanding of the company's operation was undoubtedly integral to our identifying a solution that met their requirements," said Chase. "We congratulate Dynamic Manufacturing on the successful outcome and look forward to collaborating on future expansion within Chicago and beyond."

Dynamic Manufacturing specializes in services, including remanufacturing, electrification, machining and motorsports. Driven by the continuous growth of their business and in-line with the company's plans for expansion, the tenant sought out additional warehouse space and parking. With this, Dynamic Manufacturing secured a]-long term lease to occupy the building .

In addition to 4160-4190 Madison Street, Dynamic Manufacturing operates over 1 million square feet in the suburban Chicago market. The 4160-4190 facility, which is part of a seven-building industrial portfolio that EQT Exeter acquired recently, features 19.5-foot clear heights, LED lighting, four dock doors, two drive-in doors, ample car parking and can accommodate heavy power manufacturing.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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