A. M. Castle Plans to Move HQ to Oak Brook Office Complex

December 1, 2011

As seen in Globe St

CHICAGO-A. M. Castle & Co., a specialty metals distributor, is planning to relocate its headquarters to an office complex in Oak Brook from its current location in Franklin Park. The company will occupy 39,361 square feet at the Crossings, a 303,510-square-foot complex at 1420 Kensington Road.

A. M. Castle will retain its manufacturing facility measuring 522,600 square feet at 3400 N. Wolf Road. Dan O’Neill with Oakbrook Terrace-based NAI Hiffman represented Boston-based Davis Cos., the landlord, in the lease transaction.

Posted by NAI Hiffman | Filed Under Industrial, Office 

Cole Taylor renews big Rosemont lease

December 1, 2011

As seen in Chicago Real Estate Daily

As seen in GlobeSt

As seen in Real Estate BISNOW

Cole Taylor Bank has renewed a 114,762-square-foot lease for its headquarters at Pointe O’Hare, 9550 W. Higgins Road in Rosemont, according to the bank’s office broker, Jones Lang LaSalle Inc. It is the largest lease in the O’Hare submarket this year. Cole Taylor’s lease was scheduled to expire at the end of September 2014, before the five-year extension was signed. The bank was represented by Managing Director Jeffrey Liljeberg and Executive Vice-president Eric Kunkel of Jones Lang. The building representatives were Jason Streepy and Linda Garske, senior vice-presidents for NAI Hiffman. The building has 278 of Cole Taylor’s 640 employees, which includes commercial real estate, asset-based lending, customer service, operations and other back-office functions, a bank spokesman says. “This central location, along with our downtown commercial banking offices and local banking centers, gives us easy access to our clients and prospects throughout the Chicago area and, when combined with the recent consolidation and relocation of our mortgage company headquarters in Ann Arbor, Mich., positions the bank for growth,” Mark Hoppe, the bank’s president and CEO, says in a statement.

Posted by NAI Hiffman | Filed Under Office 

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