Civiltech Engineering, Inc. has signed a long-term, 20,439-square-foot lease at Two Pierce Place in Itasca, Illinois.
Newmark Grubb Knight Frank‘s Rob Lundin and John Norris completed the lease on behalf of the owner, Piedmont Office Realty Trust. This transaction brings the building’s occupancy to 97.5 percent.
The second tallest building in Chicago’s suburbs, Two Pierce Place is a Class A, 26-story, 485,566-square-foot office property.
Built in 1991, the building’s distinctive peaked profile is one of the most prominent landmarks in the area. Located just west of Chicago’s O’Hare International Airport, the property features a robust array of amenities including covered parking, excellent food service, a state of the art fitness facility as well as on-site management. Ownership is currently planning updates to the property’s lobby and amenities.
Civiltech Engineering, Inc. is a civil and transportation engineering consultant who currently leases space at 450 E. Devon Avenue, also in Itasca. Due to the company’s growth and search for an upgraded image, the engineering firm is relocating to Two Pierce Place. Norris and Lundin represented ownership in the lease negotiations and Tom Volini and Sven Sykes of Colliers International represented Civiltech Engineering, Inc.