Fortune 500 company targets NorthPoint’s new industrial park

Fortune 500 company targets NorthPoint’s new industrial park
November 28, 2018 Jerry Vallely

This story was originally published in the St. Louis Business Journal on November 15, 2018.

Steph Kukuljan | St. Louis Business Journal

“Chicago-based LKQ (NASDAQ: LKQ) has signed on to be a tenant of NorthPoint Development’s TradePort, a new under-construction industrial park in Hazelwood, the Business Journal has learned.

LKQ, a prominent provider of specialty and refurbished auto parts, will more than double its current space when it moves to its new 125,000-square-foot facility in March. LKQ currently leases 50,000 square feet in Bridgeton. The company will be taking just a portion of the 493,000-square-foot building at TradePort. LKQ reported its third-quarter revenue rose 26.6 percent to $3.12 billion.

Newmark Grubb Zimmer’s Kevin McLaughlinMike Carlson and Dan Lesinski represented LKQ in the lease.

Other tenants who’ve signed on at TradePort are Major Custom Assemblies, which will occupy 46,000 square feet, and Mygrant Glass Co., 44,000 square feet, according to a recent report from Colliers…”

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