CHICAGO—Although Google and many other local high-tech companies have begun relocating to the CBD to attract younger workers, others have decided that the suburbs suits them fine. Net56, Inc., for example, a Chicago-area IT company, will soon move its offices from suburban Palatine to the Deer Park Office Center at 21805 West Field Parkway in Deer Park, near the border of Cook and Lake Counties.

“This business has been in their present location for a long time,” says Paul Diederich, a vice president of CBRE, who, along with Vice Chairman Todd Lippman, assisted Net56 in the relocation. Although Net56 wanted to keep some information confidential, such as the length of their new lease, the rental rate and the amount of space they will occupy, Diederich did say that “this is a much newer building and it’s more up to their specifications with better fiber optics; it also gives employees a better office environment with better amenities.”

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

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.