Bradford Allen, a national full-service real estate firm, has completed two new leases totaling 35,000 square feet at 570 Lake Cook Road, a five-floor, 138,000-square-foot office building in Deerfield, Illinois, near Chicago.
Venture X has signed a 19,000-square-foot lease to open a new coworking location in the former JUUL space on the building’s third floor. Expected to open later this year, the location will be the company’s second within Chicagoland, expanding its presence and versatile workspace solutions to meet the rising demand for suburban office space.
Bradford Allen Senior Managing Director Joel Berger negotiated the lease on behalf of ownership, while Vic Sanmiguel of Bespoke Commercial Real Estate represented the tenant.
In addition, planning and design consulting firm Kimley-Horn has signed a long-term extension and expanded its footprint to 16,000 square feet to accommodate its growth. Berger again negotiated the lease on behalf of ownership, while Hayden Rasmussen and Jon Azulay of Savills represented the tenant.
Located about 30 miles from Downtown Chicago, 570 Lake Cook Road was renovated last year and features heated underground parking, a top-floor solarium, conference facilities and on-site management. It is located next to the Lake Cook Road Metra stop.