Monee, IL — March 6, 2025 — Seefried Industrial Properties is pleased to announce that NewAge Products has secured a 168,741-square-foot lease at 25340 South Ridgeland Avenue in Monee, IL. This lease brings the 621,246-square-foot facility to full occupancy, with NewAge Products joining Reynolds Consumer Products as tenants in the state-of-the-art facility.

The building.s strategic location in Chicago’s I-57 submarket is a key factor to its appeal. The facility is within close proximity to major highways, including I-57, I-80, and I-294, offering seamless connectivity to the Chicago metropolitan area and the broader Midwest. Additionally, the site is situated within 20 miles of three intermodal yards: the BNSF Intermodal Yard in Elwood, IL, the Union Pacific Global IV Intermodal Terminal in Joliet, IL and the Canadian National (CN) Intermodal Terminal in Harvey, IL. These facilities provide tenants with unparalleled access to domestic and international shipping networks, ensuring efficient distribution and logistics operations.

"We are proud to have achieved full occupancy at 25340 South Ridgeland Avenue," said Dave Riefe, Senior Vice President of Seefried Properties' Midwest region. "The facility's strategic location near major highways, intermodal terminals, and key transportation hubs has made it an ideal choice for tenants like NewAge Products and Reynolds Consumer Products. This milestone highlights the strong demand for high-quality industrial space in well-connected markets like Monee, and we are proud to provide a property that drives tenant efficiency and success."

Cushman & Wakefield represented both parties in the NewAge Products lease transaction. Jason West represented NewAge Products, while Sean Henrick and Ryan Klink represented the landlord.

About Seefried Industrial Properties:
Founded in 1984 by Ferdinand Seefried, Seefried Industrial Properties is as a privately held real estate company specializing in the development, leasing, and management of industrial properties across the United States. The company primarily focuses on development in core industrial markets and build-to-suits with tenants in core and second-tier markets. Seefried leases and manages approximately 8 million square feet for its institutional and European clients and has developed over 200 million square feet of space valued in excess of $19 billion across 30+ markets. Headquartered in Atlanta, Seefried Properties extends its operational presence through regional offices strategically located in Dallas, Chicago, Los Angeles, and Phoenix. For more information, please visit www.seefriedproperties.com.