CHICAGO—The north suburbs of Chicago have suffered the loss of some important tenants recently, including Motorola and Capital One. But even though the suburbs have had a tough time, there are still bright spots in the region. And officials from NAI Hiffman, who have just been awarded the leasing and management of Bannockburn Corporate Center, a class A property in north suburban Bannockburn that has struggled with a high vacancy rate, hope they can repeat their recent performance with a similar property.
As reported in GlobeSt.com, about 18 months ago NAI Hiffman, the Chicago-area representative for NAI Global, took over leasing duties at Edens Corporate Center in Northbrook. And by February, the company had signed a series of new leases and renewals at the 188,000-square-foot center and increased occupancy from 60% to over 90%.
Tenants currently occupy 62% of the Bannockburn center, a 210,000-square-foot building located directly off the intersection of Half Day Rd. and I-94 at 3000 Lakeside Dr. The building has a modern design with contemporary class A finishes, indoor executive parking, ample natural light, and large contiguous blocks of available space.
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