IDI's Prairie Point West Building A at 100 Percent Occupancy

H&K International, Inc. Signs 116,015-Square-Foot-Lease

ATLANTA, June 3, 2013 – IDI, a leading full-service industrial real estate company, announced today that H&K International, Inc., a global supplier of stainless steel kitchen equipment and service solutions company to the food service industry, has signed a 116,015-square-foot lease in Prairie Point West Business Park in in Aurora, IL. H&K International, Inc. plans to use this space as a warehouse as well as a design and testing center for their products. The deal brings Building A to 100 percent leased.

“Being in the I-88 market allows H&K International to be closer to some of their major clients, making them even more accessible to their centers of operation while providing more efficient logistics,” said Jeff Lanaghan, Vice President, Leasing and Development for IDI. “This lease is a testament to H&K International’s growth as a company and their long-standing partnership with IDI.” H&K International, Inc. is also a tenant in IDI’s Skyline Trade Center B property in Dallas.

Prairie Point West Business Park has 988,375 square feet developed to date. Tenant HH Gregg occupies the rest of Building A while FHP occupies the other space in the business park.

Nathan Lawrence and Chris Zubel from CBRE represented H&K International, Inc., Kirk Armor and David Prell from CBRE were the landlord representatives.

IDI has nearly seven million square feet under development in nine states and has been the first to market with new inventory space in several cities, taking the lead as the industry moves out of the recession.

About IDI
With nearly seven million square feet currently under development, IDI is one of the largest privately-held real estate companies in North America focused exclusively on industrial property. The company, headquartered in Atlanta, Georgia, provides development, investments, property management and leasing services to corporations, property owners, investors, financial institutions and real estate service providers.  IDI has ownership or interests in 36 million square feet of investment grade assets, with $1.8 billion in company-owned and joint venture assets.

Since the company’s founding in 1989, IDI has built a reputation for delivering superior quality properties and service. To date, IDI has developed and acquired 149 million square feet of industrial space and completed more than 589 industrial facilities in the U.S., Canada and Mexico. The company’s joint-venture investment portfolio, focused on building long-term value, holds more than 31 million square feet of assets and the company manages a portfolio of 55 million square feet.

Media Inquiry

North America
Reed Barrickman
+1.404.479.1626
reed.barrickman@idigazeley.com

Europe
Ged Brumby
Smithfield Consultants
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Rob Yates
Smithfield Consultants
+44(0)20 3047 2546
ryates@smithfieldgroup.com