Two New Tenants in CommerceWayBusiness Park

IDI Signs Leases Totaling 99,260 SF at Commerce Way Business Park

idi-logoATLANTA, November 5, 2013– IDI, a leading full-service industrial real estate company, announced today two leases at its Commerce Way Business Park in Ontario. The leases, in Woodstock Building H and Woodstock Building A, contribute to the 456,077 square feet that have already been developed in the business park serving the Southwest Ontario market.

IDI's Commerce Way Business Park, located in the southwest Ontario market, is in close proximity to Highway 401 and Highway 403. AGCO Corporation ( ), a global leader focused on the design, manufacture and distribution of agricultural machinery, relocated to be closer to its customers and transportation infrastructure. The 67,010-square-foot lease at Woodstock Building H will be used for storage, warehousing and distribution of agricultural equipment and related parts, as well as serve as a training center. Building H has 185,490 square feet available for lease.

Day & Ross, Inc, a third-party logistics provider, leased 32,250 square feet in Woodstock Building A for the storage, warehousing and distribution of automotive parts. The new space in the Commerce Way Business Park is near the company's customer base and close to an existing Day & Ross facility. Building A has 26,019 square feet available for lease.

"These deals reflect IDI's commitment to its customers to provide smart locations as well as strong facilities to maintain a competitive advantage in market," said Jeff Lanaghan, vice president of leasing and development in IDI's Chicago office. "Commerce Way Business Park is an example of growth in the Ontario market and we look forward to providing long-term value for current and future tenants."

Mitch Blaine, Randy Fisher and Larin Shouldice of CBRE represented IDI in both deals. Michael Black, also with CBRE, represented AGCO Corporation and Randy Fisher represented Day & Ross, Inc.

Commerce Way Business Park consists of two buildings totaling approximately 456,000 square feet across the 25 acre park. Other tenants at Commerce Way Business Park include: Miller Zell, Ancra and Scholastic Books.

Since the market began improving from the recession in mid-2011, IDI has started or delivered more than 12 million square feet in 11 states and has been the first to market with new inventory space in several cities.

About IDI

With nearly 7 million square feet currently under development, IDI is one of the largest privately-held real estate companies in North America focused exclusively on industrial property. The company, headquartered in Atlanta, Georgia, provides development, investments, property management and leasing services to corporations, property owners, investors, financial institutions and real estate service providers. IDI has ownership or interests in 45 million square feet of investment grade assets, with $2 billion in company-owned and joint venture assets.

Since the company's founding in 1989, IDI has built a reputation for delivering superior quality properties and service. To date, IDI has developed and acquired 170 million square feet of industrial space and completed more than 700 industrial facilities in the U.S., Canada and Mexico. The company's joint-venture investment portfolio, focused on building long-term value, holds more than 17 million square feet of assets and manages a portfolio of 70 million square feet.