Des Plaines, IL (May 13, 2014) —Peak Construction Corporation has been awarded DHL Global Mail’s tenant improvement project for their new facility on behalf of KTR Capital Partners. The 156,235 square foot building is located near North and 25th Avenues in Melrose Park, Illinois. Renovations include an office buildout and warehouse modifications, which will facilitate DHL Global Mail’s next generation sorting automation, and expected growth over the next several years. Construction completion is expected for July 2014.
In 2004, DHL Global Mail engaged Peak to modify a multi-tenant facility in Des Plaines into a single-user mail and package processing center. “We are happy to be working with DHL Global Mail and KTR again and appreciate their confidence in Peak’s abilities and continued long-term partnerships,” relayed Peak President, John Reilly. “DHL Global Mail is a valued client and we are excited to help them expand their presence here in Chicago” added Frank Sciackitano, Vice President of KTR Capital Partners.
Peak Construction Corporation, headquartered in Des Plaines, Illinois, offers full-service design-build and build-to-suit construction services. More information is available at www.peakconstruction.com.
Deutsche Post DHL is the world’s leading mail and logistics services group. The Deutsche Post and DHL corporate brands represent a one-of-a-kind portfolio of logistics (DHL) and communications (Deutsche Post) services. The Group provides its customers with both easy to use standardized products as well as innovative and tailored solutions ranging from dialog marketing to industrial supply chains. About 480,000 employees in more than 220 countries and territories form a global network focused on service, quality and sustainability. With programs in the areas of environmental protection, disaster management and education, the Group is committed to social responsibility. In 2013, Deutsche Post DHL generated revenues of more than 55 billion euros. For more information: www.dp-dhl.com.
KTR Capital Partners is a real estate investment, development and operating company focused exclusively on the industrial property sector. Headquartered in New York City with offices in Philadelphia, Chicago, Dallas, Las Vegas, Los Angeles, Miami and Seattle, KTR has a 75 person platform that manages a series of discretionary value-add investment funds that target opportunities throughout major markets in North America. KTR funds currently own a portfolio of approximately 60 million square feet across North America and provide nearly $7.0 billion of investment capacity. For additional information, please visit www.ktrcapital.com.