NAI Hiffman completes 5 lease transitions in Bannockburn

NAI Hiffman is pleased to announce that Michael Flynn, Executive Vice President, and Jason Wurtz, Senior Vice President with NAI Hiffman’s Office Services group, recently completed four new lease transactions at 2201-2231 Lakeside Drive in Bannockburn, Illinois. The four leases bring the building from 56% occupied to 81% since being awarded the assignment in the spring of 2016.

Willow House, a grief support and services organization, signed a 3,620-square-foot lease and was represented by Bill Mass of Mass Realty. David Etshokin of Tenant Advisors represented Chess Scholars in its new lease of 2,164 square feet. Intracoastal Financial signed a 1,632 square foot lease and was represented by Tim Hart of Colliers. Finally, Employee Benefits Solutions will occupy 2,428 square feet.

Bannockburn Office Court was recently acquired by Ameritus as part of a portfolio purchase in the spring of 2015. Ameritus has been committing capital dollars to improve the landscaping, walkways, signage and lighting.  In addition to capital improvements, Ameritus is consistently creating new modern spec suites in the remaining vacancies ranging in size from 1,300 to 2,400 square feet.

At 2801 Lakeside Drive, Flynn and Wurtz represented ownership in its new lease with Byline Financial Group. Represented by Jess Van Dyke of JLL, Byline Financial Group will occupy 5,621 square feet.

About NAI Hiffman
Comprised of over 150 real estate professionals, NAI Hiffman provides leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages a 54+ million SF portfolio of over 600 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Hiffman is the Chicago-area representative for NAI Global, the world’s largest managed network of real estate service providers, has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property.