Challenge #1: 

The space has to be able to combine a professional office environment with an industrial use. The space has to be customized to suit a specific purpose.b

The building should have:
1. Oversized drive in doors,
2. Interior parking for vehicle protection,
3. Minimum ceiling height of 12 feet
4. proper interior ventilation,
5. drainage,
6. fire separation.

Challenge #2:

The Tenant must relocate by June 1.

The Solution:

Located at 8121 Central Park in Skokie Illinois is a 24,000 sf industrial building that is being redeveloped by Greystone Associates. This property will be subdivided into individual units of 3,000-8,000 sf .

The property is undergoing a complete renovation including:
1. New roofs
2. New oversize garage doors
3. New parking lots,
4. Exterior windows and doors
5. New systems: electrical,  heating and cooling, plumbing.
6. Brand new interior offices 
7. All improvements will be ADA and energy code compliant

The timing:

The timing is perfect. Greystone is able to custom design a 7000 sf space and complete the renovation in time to deliver occupancy by June 1.

The Cost:

The PRICE IS RIGHT! !

The rental rate of $12.00 per square foot for 7,000 sf will be substantially less than any other comparable custom designed unit. 

Cook County 6B

…and with a Cook County 6B in the process,  the real estate taxes will be 60% less than comparable properties for THE NEXT TEN YEARS!

The long term outlook:

The location is perfect for the tenants business and employees; with easy access to public transportation and the Chicago north Shore and downtown.