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Athletico Expands Presence by 30,000 SF on Enterprise Drive

OAK BROOK, IL-The physical rehab specialists, already operating out of 625 Enterprise Dr., pick up 709 Enterprise Dr. from Liberty Suburban Chicago Newspapers for $120 per sf. The newspaper chain is moving its headquarters to 1101 W. 31st St. in Downers Grove.

By Mark Ruda | Updated on January 25, 2006

OAK BROOK, IL-Liberty Suburban Chicago Newspapers has sold its 30,000-sf office building at 709 Enterprise Dr. to a neighbor, physical rehab specialists Athletico, Ltd., for $3.6 million. While Athletico already has space at 625 Enterprise Dr., the newspaper chain has moved its headquarters to 1101 W. 31st St. in Downers Grove.

“Athletico looked at several other buildings, but in the end they wanted to invest in an Oak Brook address,” says Grubb & Ellis Co. senior vice president Michael Fortuna, who represented Athletico Ltd. and Liberty Suburban Chicago Newspapers. Athletico will likely use half of the 32-year-old building and lease the remaining space, with Fortuna handling that assignment.

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