EMC Insurance Renews 18,000-SF Office Lease

OAKBROOK TERRACE, IL-EMC Insurance Cos., headquartered in Des Moines, has renewed a lease for 18,720 sf at the Oakbrook Terrace Corporate Center, 1815 S. Meyers Road. The renewal is for a six-year term and will extend the lease until 2018.

Chris Wood and Steve Schneider, both with UGL Equis, represented EMC Insurance. Francis Prock, with Colliers Bennett & Kahnweiler, represented building owner Colony Capital. EMC Insurance has been a tenant in the building since 2002. The property and casualty company had moved to the building in 2002 because “it was a good location for employees and serving their client base,” says Wood, SVP and managing director of UGL Equis. By renewing now, the company was able to receive “some concessions that allow them to do some things to the space and some free rent,” he says.