By IvyLee Rosario
Indiana Acquisitions and Continental Hastings have secured a lease renewal with Essex—a leader in magnet wire product manufacturing, development and sales—and Essex Brownell—a distributor of a variety of industrial service and repair parts—at its warehouse property in Fort Wayne, Ind.
The 282,550-square-foot building, located at 3405 Meyer Road in the Coastal Commerce Center, will also continue to be the home of Essex Active, an industrial material conversion and fabrication service offered by Essex Brownell that offers multi-functional support with the latest converting technologies.
Cushman & Wakefield’s Executive Managing Director Kirk Diamond, Director Greg Dickerson and Senior Director Fritz Kauffman represented the tenant in the lease negotiation. The Zacher Cos.’ President Steve Zacher and Vice President of Brokerage Services John Adams represented the landlords in the transaction.
“This lease represents one of the largest in Fort Wayne this year,” said Diamond, in a prepared statement. “The warehouse has been a fantastic location for Essex as the home of its North American distribution and light manufacturing/assembly functions, and has allowed them to reach their customer base quickly.”
Earlier this month, Cushman & Wakefield represented the International WELL Building Institute in leasing 9,000 square feet at 220 Fifth Ave. in Manhattan.
Image courtesy of Cushman & Wakefield