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November 2017

NAI Hiffman’s Van Zandt, Edgerton represent owner in two lease transactions in Lombard

LOMBARD, IL (November 17, 2017) – NAI Hiffman is proud to announce that Travelers Insurance has completed three lease transactions at its owned asset, Butterfield Centre, a 271,000 square-foot office complex located at 700 and 720 Butterfield Road in Lombard, Illinois.

In the first transaction, Strategic Capital Investment Advisors, Inc., plans to remain its space at 700 Butterfield Road and expand to a total of 4,822 square feet at the building. The investment advisory firm provides financial planning, portfolio structuring, and asset allocation services to high net worth families, individual family members, and trusts.

Also at Butterfield Centre, Explorer Market Research Corporation, a leading behavioral research firm, has signed a new lease at the 720 Butterfield building for 7,604 square feet. Jason Schultz with the J. Rich Company, represented Explorer Market Research Corporation in the transaction.

Finally, Performance Services, design and construction company, recently leased a 7,361-square-foot space in the 700 East Butterfield building. Performance Services was represented by David Ven Horst of Tenant Advisors. The completion of these transactions brings the building’s current occupancy to 98.8 percent.

Located in Eastern East West Corridor, Butterfield Centre features on-site food service and catering, fitness and conference rooms, multiple fiber providers, covered parking and property management. One 3,387-square-foot space remains available for lease. 

NAI Hiffman Executive Vice President, Mike Van Zandt, and Vice President, Brian Edgerton, with the firm’s Office Services group represented the Travelers Insurance in the lease transactions.


Featured in Daily Herald; Commercial Property Executive

 

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