NuMat Technologies

NuMat Technologies has signed a lease for around 62,000 square feet at the Terminal at 1334 N. Kostner Ave., where it will relocate later this year from its longtime home at the Illinois Science & Technology Park in Skokie. The new space will be close to three times larger than its current one and makes the 10-year-old company the largest tenant to date to plant its flag at the Terminal, a $50 million redevelopment of a cluster of old Humboldt Park warehouses led by Chicago developer IBT Group and Mansueto, the billionaire founder of Morningstar.