PRESS RELEASE: THE MISSNER GROUP ANNOUNCES 117,000 SF 10 -YEAR LEASE RENEWAL AND RENOVATION PROJECT FOR BUNZL RETAIL SERVICES
PRESS RELEASE: The Missner Group is pleased to announce a 10-year, 117,000 square foot lease renewal with Bunzl Retail Services at 8338 Austin Avenue in Morton Grove, Illinois. Additionally, The Missner Group has been selected general contractor for a large scale renovation which will include significant upgrades and improvements to Bunzl’s 50,000 square foot offices in addition to the remaining warehouse and distribution portion of their space.
“We are pleased Bunzl Retail Services has made this long term commitment and is continuing their tenancy at our Morton Grove property,” says Eddie Adler, Executive Vice President of the Missner Group. “We look forward to delivering a great space to their company, one that their whole team can grow into, be more productive and enjoy for many years to come.”
The project will include expanding the office space by 8,500 square feet bringing that total to 50,000 square feet, in addition to an expansion of the warehouse facility by 12,500 square feet bringing that part of their space to over 67,000 square feet.
The renovation will consist of extensive interior and exterior improvements modernizing the space and the existing building both inside and out. Enhancements will be extensive and include all new high end office finishes as well as upgrades to the manufacturing/distribution space. A few of the numerous enhancements will include new flooring, ceilings and lighting throughout. The Missner Group will also upgrade all plumbing, electrical and HVAC systems.
Adler negotiated the lease on behalf of ownership. Heath Yarger, project manager for the Missner Group, will lead the construction team with Bill Uchyn serving as project superintendent. Interior Design Group, Ltd will provide the architectural services.
With operations across North America and Europe, Bunzl Retail Services is a leading provider of customized supply chain management solutions to corporations around the world. They have worked out of this location for more than 40 years.