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May 2013

East-West Corridor sees continuing activity; three leases completed on Butterfield Road

NAI Hiffman recently completed three transactions along Butterfield Road in Chicago’s East-West Corridor totaling 15,169 square feet.

NAI Hiffman represented St. Paul Travelers in the renewal of Jack Henry & Associates for 7,709 square feet of office space at Butterfield Centre, 700 Butterfield Road in Lombard. The computer software company has occupied the NAI Hiffman-managed complex since 2004. Butterfield Centre offers on-site food service, storage, a fitness center, covered parking, a training center with auditorium and an on-site management office.

In Oakbrook Terrace, The BROE Group acquired a new tenant, Midwest Digestive Disease Specialists, occupying 5,427 square feet of office space at 2 TransAm Plaza. The gastroenterology practice seeking additional space for patient care, selected 2 TransAm for its close proximity to Good Samaritan and Elmhurst Hospitals.

At 635 Butterfield Road, Premises Group signed a new lease with a full service engineering firm, CHA Consulting Inc., for 2,033 square feet.

Michael Van Zandt, Brian Edgerton, and Matt Novak, with NAI Hiffman’s office services group, represented the landlords in all three transactions. Tim Fisher with Cresa represented Jack Henry & Associates. Al Lindeman with Sperry Van Ness/AML Commercial represented Midwest Digestive. CHA Consulting was represented by Kellen Monti of Jones Lang LaSalle.

Source: RE Journals

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