office

Cushman & Wakefield Represents Snap36 in Fulton Market HQ Relocation

Growing Tech Firm Triples its Office Space in Vibrant, Chicago CBD Submarket CHICAGO, July 11, 2018 – Cushman & Wakefield announced today that the firm has represented Snap36 in expanding and relocating its headquarters to over 42,000 square feet (SF) at 219 N. Paulina St. in Chicago’s Fulton Market district. Snap36, ranked as one of the fastest growing companies on the Inc. 5000 for the past three years, is a product content services company that specializes in 360°/3D imagery and technology. Cushman & Wakefield Senior Director Adam McCostlin and Director Jordan Decker represented Snap36, while CBRE Senior Vice President Mitch Adams represented ownership of 219 N. Paulina St. Snap36 experienced a 966% growth rate and expanded its occupancy footprint 6X, from 7,000 SF to 42,000 SF, in three years, rendering the company’s previous space in another corner of Fulton Market insufficient. The new creative space at 219 N. Paulina now [...]

Cushman & Wakefield Represents Crowe in Lease Extension and Office Expansion at 225 West Wacker Drive

CHICAGO, July 10, 2018 – Cushman & Wakefield announced today that the firm secured a lease extension and expansion for Crowe LLP’s Chicago office at 225 West Wacker Drive. Once the expansion is completed, Crowe will occupy approximately 51,000 square feet (SF) overlooking the newly developed Riverwalk along the bend of the Chicago River. Crowe is a public accounting, consulting, and technology firm with offices around the world. Cushman & Wakefield Executive Managing Director Scott Goldman and Senior Director Josh Feldman represented Crowe in the transaction. Crowe has been a subtenant at 225 West Wacker for the past four years, occupying nearly 37,000 SF over one and one-half floors. The long-term lease enables Crowe to accommodate robust growth and expand by another 13,000 SF, bringing its total office space to two full floors and more than 51,000 SF. The new floorplan includes an option to renovate both floors, with an [...]

Cushman & Wakefield Selected as Exclusive Leasing Agent as Construction Begins on Rosalind Franklin University Innovation and Research Park

Illinois Department of Commerce and Economic Opportunity Approves Expansion of Enterprise Zone Chicago, May 14, 2018 – Rosalind Franklin University of Medicine and Science, a Cushman & Wakefield client, began construction on its new Innovation and Research Park, where academic and industry scientists and entrepreneurs will work together to translate the university’s biomedical research into new treatments for disease. The university hired Chicago-based Cushman & Wakefield to attract international and national bioscience companies to co-locate in the new science park. “Cushman & Wakefield has an extensive track record advising clients on large leasing projects in North Suburban Chicago. The Innovation and Research Park will provide the bioscience industry with proximate access to RFU’s renowned research programs,” said Jonathan Metzl, Managing Director, Cushman & Wakefield. “It will be the premier complex for the science community to attract the experienced labor pool in Northern Illinois and Southern Wisconsin.” The university held a [...]

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+00:00 March 7th, 2017|Tags: , , , , , |0 Comments

Cushman & Wakefield Completes 191,453 SF of Office & Industrial Leases at Yorkbrook Business Park

CHICAGO, June 7, 2016 – Cushman & Wakefield has completed 22 transactions totaling 191,453 square feet of office and industrial space at the Yorkbrook Business Park in Lombard, Illinois on behalf of Venture One Real Estate. The completion of the new and renewal leases brings the 736,000 square foot, 18-building portfolio, which was acquired by Venture One in March 2016, to approximately 94% occupied. Cushman & Wakefield Senior Director Sean Henrick and Associate Joseph Gatto represented Venture One in the industrial leases, which ranged from 1,338 to 30,627 square feet. Cushman & Wakefield Senior Director Michael Simpson and Associate Allyson Yates are marketing the flex and office properties on behalf of Venture One. Consisting of both single and multi-tenant properties, the portfolio includes 12 industrial properties and six flex office properties. Venture One recently completed renovations to vacant suites, including new energy-efficient lighting and high-end office finishes. The company has [...]

Clifton and Cummins Join Cushman & Wakefield

CHICAGO, April 19, 2016 – Cushman & Wakefield has recruited Kevin Clifton and Chris Cummins to join the firm’s growing Chicago suburban office team. Mr. Clifton joins as Executive Vice President from CBRE; Mr. Cummins joins as Executive Director from Colliers. Previously Mr. Clifton and Mr. Cummins worked as a suburban agency leasing team at Colliers, and have now brought that successful business model to Cushman & Wakefield. “This is a major step forward as we continue to build and grow our suburban office practice,” said Shawn P. Mobley, Cushman & Wakefield’s East Region President and Chicago Market Lead. “Kevin and Chris – coming back together as a team – is a major win for our clients. It adds to our overall strong momentum in agency leasing in Chicago, which has really accelerated since Jack McKinney and his team joined us in 2015.” Mr. Clifton and Mr. Cummins are the [...]

Sean D. Kropke Joins Cushman & Wakefield from CBRE

CHICAGO, April 11, 2016 – Cushman & Wakefield has recruited Sean Kropke, a leading office broker focused on Chicago’s suburban office market. Mr. Kropke joins as an Executive Director, from CBRE where he started his career in 1993. “Building our suburban market is a key priority for the firm – we need to offer the best talent and our full platform for our clients in the dynamic market,” said Shawn Mobley, Cushman & Wakefield’s East Region President and Chicago Market Lead. “Sean has outstanding market knowledge, and a deep understanding of his clients’ needs. He’s a great addition to our team.” Mr. Kropke has worked in the North Suburban market since 1993. He has extensive local market knowledge allowing him to specialize in tenant representation for mid-to-large sized companies. His expertise in tenant and landlord assignments brings a unique focus for both occupiers and investors of commercial office space. Over [...]

Amy Lind Joins Cushman & Wakefield as Managing Director and Chicago Asset Services Leader

CHICAGO, March 14, 2016 – Cushman & Wakefield announced today that Amy Lind, CCIM, RPA, has joined the firm as Managing Director, Asset Services, for the Chicago market. Ms. Lind will be responsible for growing and managing Cushman & Wakefield’s Asset Services business in Chicago, currently consisting of more than 37 million square feet of office, industrial and retail space. She will also focus on enhancing the client experience, recruiting top industry professionals, team engagement, cultivating best practices, and executing consistent processes and procedures across the portfolio. Ms. Lind has 16 years of commercial real estate experience, including significant involvement with both asset and property management of Chicago CBD office properties. She joins Cushman & Wakefield from Transwestern where she was Senior Vice President leading the firm’s Midwest property management group, and was responsible for its 19 million square foot portfolio. Prior to her role at Transwestern, she served as [...]

Leasing Activity at 111 East Busse Ave. Drives Mount Prospect Business Environment

CHICAGO, March 29, 2016 – Cushman & Wakefield has announced the arrangement of four new leases at 111 East Busse Ave., located in the northwest suburbs of Chicago. Cushman & Wakefield Leasing Director Adam Showalter and Associate Connor Lund represented the landlord, Chicagoland investor Gus Dahleh, in the transactions. New tenants include: Baldridge & Associates Structural Engineering, Inc., represented by Mark Brodson of Resource Commercial Sedgwick Advisors, represented by Jack Reardon of NAI Hiffman Chicago Psychological Health Center Good Health to You Dahleh acquired the six-story, 97,191 square foot building in September 2014 and has announced major capital improvement plans for the property, which is anchored by Chase Bank. Scheduled to begin in April 2016, planned renovations include updates to the main lobby and common areas, modernized elevators and a new fitness center. “I am excited about the opportunity to make 111 East Busse the premier commercial office building in [...]

2016-06-06T10:05:58+00:00 April 28th, 2016|Tags: , , , , |0 Comments