Business

GSA to lease space in Lombard

Posted February 21, 2019 12:00 am

LOMBARD - NAI Hiffman recently represented ownership in securing a new tenant at 747 E. 22nd St., in Lombard.

The U.S. General Services Administration awarded a long-term lease to landlord, 747 Properties LLC for a new government office location. GSA will occupy more than 70,000 square feet at the property.

The building at 747 E. 22nd St., recently rebranded as Aria Park Innovation Center, was acquired by a New York-based data center developer in 2016. Remaining space at the asset is available for lease ranging in size from 7,000 - 20,000 square feet.

NAI Hiffman Executive Vice President Mike Van Zandt and Vice President Brian Edgerton represented owner 747 Properties, LLC in the transaction. GSA was represented by Executive Vice President Hugh Murphy and Analyst Alyssa Brooks, JLL.

"The building location and pricing were key considerations in GSA's selection of Aria Park Innovation Center, " said Edgerton. "The data center will provide premium communication infrastructure for all tenants considering the asset."

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