Acresso Subleases 51,758 SF For New HQ

SCHAUMBURG, IL-Acresso Software will sublease 51,758 square feet at One Woodfield Lake, 1000 Woodfield Rd., from Freddie Mac through the end of its lease in about eight years. The company will move into the four-story, 205,000-square-feet building from a neighboring property, at 900 National Pkwy., where it occupied 46,000 square feet. The subleased space will house the company’s headquarters and 160 of its employees.

The space fit Acresso’s needs in part due to a $5.1 million build-out Freddie Mac undertook last year for its IT and software development group, the firm’s broker says. Freddie Mac’s additions included new Herman Miller furniture, CAT 6 voice and data wiring, and a state-of-the-art data center. The building also appealed to the company because of its on-site restaurant.

“The space was pretty much turn-key with open cube space for Acresso’s software engineers,” says Alex Smith, of Cushman & Wakefield, who along with Jordan Rovito, represented the tenant. “Acresso only needed to build-out an executive area with a few offices and a large training room for all employee meetings. The existing conditions allowed Acresso to relocate with very minimal out-of-pocket costs. Additionally, since the building was across the street, their existing work force’s commute would stay the same.”