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NAI Hiffman Awarded Leasing Assignment for Westbrook Corporate Center and Pointe O’Hare by New Ownership

08/19/2015

NAI Hiffman awarded leasing assignment for Westbrook Corporate Center and Pointe O’Hare by new ownership

OAKBROOK TERRACE, IL (August 19, 2015) – NAI Hiffman is pleased to announce it has been awarded the leasing assignment for Westbrook Corporate Center, a 1.15-million-square-foot office complex, and Pointe O’Hare, a 270,512-square-foot office building, by Equity Office (a wholly-owned subsidiary of Blackstone), following Blackstone’s acquisition of GE Capital Real Estate’s Chicagoland office portfolio.

As one of the largest multi-tenant office assets in the Chicago suburbs, Westbrook Corporate Center is an award-winning complex made up of five 10-story towers in Westchester, Illinois. Its new leasing team will be led by Jim Adler, Dan O’Neill and Patrick Kiefer.

Located at the intersection of West Cermak Road and South Wolf Road, just east of I-294, Westbrook Corporate Center is set on beautifully landscaped grounds with fountains and lakes. Amenities include a deli, fitness center, conference center, convenience store, dry cleaner, shoe repair, hair salon, day care center, on-site banking and 24-hour manned security. The property is currently 87% leased; tenants include Follett Corporation, Ingredion, Healthcare Financial Management Association (HFMA) and American Westbrook Insurance Services.

Pointe O’Hare, an 11-story premier office building located at 9550 Higgins Road in the heart of the O’Hare submarket, will be leased by Jason Streepy and Linda Garske. The building offers exposure along the I-294 and I-90 interchange and boasts on-site management, 24-hour security, a cafe, a fitness center and shuttle service to/from the CTA blue line, Metra train and O’Hare International Airport. The building is currently 91% occupied; tenants include McShane Companies, Marriott, Air Line Pilots Association, PICIS and Kimberly Clark.

“Equity Office is one of the world’s leading office operators with a significant presence in and around Chicago. These two assignments represent a major milestone for NAI Hiffman as we solidify our commitment to serving investor clients in the suburban Chicago market and growing our class A office representation platform,” said Dave Petersen, Chief Executive Officer of NAI Hiffman.”

About NAI Hiffman

Comprised of over 150 real estate professionals, NAI Hiffman provides leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages a 47+ million SF portfolio of over 500 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Hiffman is the Chicago-area representative for NAI Global, the world’s largest managed network of real estate service providers, comprising 5,000 brokers in 400 offices serving over 55 countries throughout the world.

08/21/2015 - 21:00

Source

NAI Global

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