A maker of metal forming equipment and production systems will be the first tenant in a new Holladay Properties managed building at the Portage business park AmeriPlex at the Port.
South Bend-based Holladay Properties recently announced that Fagor Arrasate of Spain, which has customers spread across 70 countries worldwide, signed a lease to occupy 6,735 square feet in the new 52,900-square-foot Diversey Building at 1460 Prairie School Drive, near I-94 and the Port of Indiana-Burns Harbor. Fagor Arraste said the facility could be operational before year’s end.
The company, whose U.S. headquarters is in the western Chicago suburb of Willowbrook and operates six plants around the world, announced its plans to expand its presence in the greater Chicago area in November.
“The (new Portage, Ind.) facility will include a workshop and offices and will complement the current Fagor Arrasate commercial and service structure,” said Phil Conway, director for the firm’s North American operations. “The project seeks to strengthen the after-sales service, engineering, and spare parts inventory while solidifying relationships with customers in a market in which, Fagor Arrasate has carried out numerous projects in recent years and whose demand is booming.”
Holladay Properties said the new facility will break ground in April and will include flexible office, industrial and showroom space.
Holladay Properties provides leasing and property management services for AmeriPlex at the Port and the new Diversey Building, which is owned by an investment group led by the Portage office of Holladay Properties.