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Myers & Crow Enters Chicago Market

NAPERVILLE, IL - Dallas-based developer acquires west suburban office building as its first Chicagoland property.

By Bonnie Grota | Updated on December 21, 2000

NAPERVILLE, IL Ð Myers & Crow Co., a Dallas-based real estate development company, has acquired a 108,000 sf, owner/occupied office facility at 1200 E. Diehl Rd. in west suburban Naperville. The buyer plans to reconfigure the property for multi-tenant occupancy in early 2001. The seller was Hewlett Packard Corp., which in February will relocated its regional offices to another west suburban site.

The two-story property is Myers & CrowÕs first acquisition in the Chicago market, according to Mark Saviers, partner in charge of the project. He said the facility will be subdivided for multi-tenant use with a minimum lease size of 27,000 sf. The company will be seeking other local investment opportunities.

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