Cushman & Wakefield of Illinois Inc. has been awarded the agency leasing assignment for a five-building portfolio in suburban Chicago by Younan Properties, a national real estate owner and manager of Class A office properties in five major U.S. office markets. Dan Svachula, agency leasing director in C&W’s Corporate Occupier and Investor Services Group, will be the leasing manager for the five properties.
“We’re very excited about the opportunity to lease the suburban portfolio,” said Randel Waites, managing director and regional lead of C&W’s Investor Services. “The addition of quality product and personnel is in line with our strategic goals for growth in the Chicago market.”
The portfolio totals approximately 750,000 square feet and consists of five properties located in suburban Chicago: 1600 Corporate Center, 1600 Golf Road, Rolling Meadows; Embassy Plaza, 1933 N. Meacham Road, Schaumburg; One North Arlington, 1550 W. Shure Drive, Arlington Heights; Kensington Corporate Center I, 1660 Feehanville Drive, Mount Prospect; and Prairie Stone Commons, 5401 & 5407 Trillium Boulevard, Hoffman Estates.
Younan Properties currently owns and operates approximately 9 million square feet of commercial office space. Its portfolio contains 22 Class A buildings located in Los Angeles, Chicago, Dallas, Houston and Phoenix.
