Although terms were not disclosed, published asking net lease rates here are in the $14 per sf range. "US Cellular considered numerous locations throughout the US," says CB Richard Ellis senior vice president Bob Reaumond, who represented the cell phone company along with Rob Marsh from Call Center Solution Group in Phoenix. "The Bolingbrook location provided the right economics and the convenience of being close to its corporate headquarters." US Cellular has headquarters on Chicago's Northwest Side.

Lee and Associates' Ellen Steinbrecher represented Chicago-based Bolingbrook Associates, LLC, owner of the property.

"We looked at a lot of different locations in the area, but Bolingbrook simply had the best combination of facilities, location and economics," adds US Cellular president and chief executive officer John E. Rooney. "This facility lies in the center of one of the deepest and most talented labor pools in the country."

The center will handle calls from Chicago area customers, including those in northern Indiana. The company also maintains call centers in Cedar Rapids, IA; Tulsa, OK; Medford, OR; Knoxville, TN; and Waukesha, WI.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.