Newmark has arranged a 72,745-square-foot industrial lease for Fromm International, LLC at Algonquin Corporate Center, an industrial complex located on Broadsmore Drive and Corporate Parkway in Algonquin, Illinois. The transaction involves a modern facility within Building 1 of the five-building, 1.7-million-square-foot campus.
Fromm International, a manufacturer of professional salon tools and accessories, is relocating its national distribution operations from the O’Hare submarket to the Algonquin property. The move consolidates the company’s distribution activities into a new logistics hub designed to better support its operational needs.
Newmark Executive Managing Director Adam Marshall and Director Mark Deady represented Fromm International in the lease negotiations. They were supported by Newmark Managing Director Cooper Weisman and Director Dylan Weisman, who provided additional strategic input during the assignment.
The landlord, NorthPoint Development, was represented in the transaction by a team drawn from multiple brokerage firms. Mike Sedjo and John Hamilton of CBRE, along with Ben Dickey of Stream Realty, acted on behalf of NorthPoint Development in securing the lease with Fromm International.
According to Marshall, the new facility offers a highly efficient layout and modern infrastructure that align with the tenant’s evolving distribution and workforce requirements. The location also provides access to key transportation corridors along Interstate 90, which is expected to support the company’s distribution network and logistics performance.
Fromm International’s space in Building 1 positions the tenant within a larger, five-building industrial campus totaling 1.7 million square feet at Algonquin Corporate Center. The property is described as a state-of-the-art industrial complex, reflecting contemporary standards for distribution and logistics facilities.
The lease underscores ongoing tenant demand for modern industrial space in the Algonquin area, particularly for users seeking efficient layouts and improved connectivity to regional transportation routes. The transaction also highlights continued institutional involvement from national brokerage and development firms in leasing activity at large-scale industrial campuses.
