Briar Meads Capital, LLC, Acquires and Recapitalizes The Westwood

Briar Meads Capital, LLC, Acquires and Recapitalizes The Westwood

Cushman & Wakefield selected as leasing agent for buildings formerly known as Westwood of Lisle

CHICAGO, April 10, 2019 – Cushman & Wakefield has been selected to represent Briar Meads Capital as landlord leasing agent for its newest asset in the Chicago market: 2441 & 2443 Warrenville Road in Lisle, IL, part of the I-88 East West Tech Corridor. The firm is tasked with procuring new tenants for the property while NAI Hiffman will bring new tenant-focused professional property management to the facilities. Briar Meads is a top rated, well-capitalized, professional landlord already in the process of reinvigorating the newly rebranded The Westwood with a slate of updated amenities and improvements designed in conjunction with Wright Heerema Architects.

Dan Svachula, Michael Simpson, Adam Showalter and Allyson Yates of Cushman & Wakefield represent Brian Meads as Leasing Agents.

The Westwood consists of 300,000 square feet (SF) across two office towers built in 1991 and 1997, with 157,426 SF currently available for lease. Formerly known as Westwood of Lisle, the buildings offer a full cadre of amenities and are well located along I-88 with prominent highway signage opportunities.

Seth Berkowitz of Briar Meads: “We plan to significantly enhance The Westwood with thoughtfully designed, tenant-focused amenity reinventions, and attract tenants both small and large with a strong value proposition for their office needs. We look forward to delivering this exciting new space to the market later this year.”

Renovations will include upgrades and expansions to the café, fitness center, conference center, lounges, and outdoor areas in addition to renovations of the lobby and common area spaces. Current tenants include the GSA and Capgemini.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.