Naperville

Cushman & Wakefield Represents Seller on Naperville Crossings

CHICAGO, May 14, 2019 – Cushman & Wakefield today announced the sale of Naperville Crossings, a premier open-air center located in the affluent Chicago suburb of Naperville, IL. The property was acquired by Phillips Edison & Company of Cincinnati. The transaction encompassed 146,591 square foot of existing retail space, of which 92% is currently occupied and leased to national and regional tenants. Located at the intersection of Route 59 and 95th Street in Naperville, the property consists of a diverse tenancy that includes a free-standing Aldi and several high-profile restaurants and service-oriented tenants. Evan Halkias and Michael Marks of Cushman & Wakefield’s Retail Investment Advisors group represented the seller in this transaction. 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 [...]

Chervon Moving North American Headquarters to Naperville

CHICAGO, March 7, 2017 – Cushman & Wakefield has announced that Chervon, a leading global provider to the power-tool, outdoor power equipment and related industries, has signed a 14-year, 124,000-square-foot sublease at 1203 E. Warrenville in Naperville, Ill., to relocate its North American headquarters and consolidate three of its Midwest facilities. Chervon, whose North American headquarters is currently located in Grand Rapids, Mich., will begin occupancy at 1203 E. Warrenville in the second quarter of 2017. The company is expected to transition approximately 90 employees to the new North American headquarters, with plans to add an additional 100 jobs. Cushman & Wakefield Executive Director Lou Hall and Senior Director Dan Wilkins represented Chervon in the transaction. Senior Vice President Bruce Hopple and Director Adam Showalter, also with Cushman & Wakefield, represented the sub-landlord, SKF Group. “After an exhaustive site selection process, it was determined that Naperville’s quality workforce and thriving [...]

2018-04-23T15:29:27-05:00March 7th, 2017|Tags: , , , , , |