GSA to lease space in Lombard
The U.S. General Services Administration will occupy more than 70,000 square feet at 747 E. 22nd St., in Lombard through a long-term lease, according to commercial real estate firm NAI Hiffman.
LOMBARD, IL (February 26, 2019) NAI Hiffman recently represented ownership in securing a new tenant at 747 East 22nd Street., in Lombard.
The U.S. General Services Administration awarded a long-term lease to landlord, 747 Properties LLC for a new government office location. GSA will occupy more than 70,000 square feet at the property.
The building at 747 East 22nd Street., recently rebranded as Aria Park Innovation Center, was acquired by a New York-based data center developer in 2016. Remaining space at the asset is available for lease ranging in size from 7,000 — 20,000 square feet.
NAI Hiffman Executive Vice President Mike Van Zandt and Vice President Brian Edgerton represented owner 747 Properties, LLC in the transaction. GSA was represented by Executive Vice President Hugh Murphy and Analyst Alyssa Brooks, JLL.
“The building location and pricing were key considerations in GSA’s selection of Aria Park Innovation Center, ” said Edgerton. “The data center will provide premium communication infrastructure for all tenants considering the asset.”
About NAI Hiffman
Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit www.naihiffman.com.
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