Ellison Technologies | 7% CAP | Strong Real Estate
For over 60 years Ellison Technologies Inc. (ETI) has been a provider of advanced machining solutions to North American metal-cutting manufacturers and their global affiliates. Ellison Technologies is the largest machine tool integrator in North America, representing 70% of the metal cutting market As a family of companies they are committed to the survival and growth of the American manufacturing industry. ETI has regional offices (16 locations) around the U.S. which allows them to focus on localized markets and the independent needs of their customers. ETI is owned by Mitsui & Co., Ltd. Japan.
Ellison Technologies is strategically located in the Cantera Business Park, at the northeast intersection of Weaver Parkway and Diehl Rd. (48,000 VPD), just south of Interstate 88 (140,000 VPD) and just west of Mill St (23,000 VPD). The immediate trade area features above average household incomes, with an average of nearly $122,000 within a 3-mile radius, and features high population demographics, with over 70,272 people residing within a 3-mile radius. The immediate trade area is populated by a variety of corporate headquarters, professional offices, and retail development. BP' s Naperville campus (2,000 employees) is located just north of the subject property. The Headquarters for Navistar (1,000 employees), a leading manufacturer of commercial trucks, buses, defense vehicles and engines is located in the immediate trade area. The subject property is approximately 30-miles west from the heart of downtown Chicago.
