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CBRE negotiates NEC headquarters relocation in Downers Grove, Ill.

November 1, 2017
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CBRE represented NEC Display Solutions of America in a 47,714-square-foot lease at 3250 Lacey Road in Downers Grove, Illinois.

Chad Freese, Paul Diederich, Matthew Frazee and Jon Springer of CBRE represented NEC. Phil Sheridan represented the owner, Hamilton Partners in the transaction.

CBRE’s Workplace Strategy team developed a space utilization plan based on employee and executive surveys. The team determined that the property on Lacey Road would be a good fit for the company.

The new space will have a 6,000-square-foot technology showcase and demo facility for client engagement and a 5,000-square-foot research and development lab.

The firm is moving from a 40,000-square-foot facility in Itasca, Illinois.

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