RedMane Technology has completed a lease renewal and expansion at Concourse Chicago, occupying two full buildings at the newly renovated and repositioned office complex in the O’Hare Market. Concourse Chicago is owned and managed by Berger Asset Management. The expansion of RedMane was facilitated, in part, by the relocation and expansion of another tenant at the complex.
Berger Asset Management acquired the 12-building, 165,000-square-foot complex in 2018. At that time, the single-story buildings were 37 percent occupied. Currently, in the final stages of a comprehensive renovation and repositioning program, the property is now 75 percent leased. The transformation is turning the property into a vibrant, first class office campus and co-working space in close proximity to O’Hare International Airport and just 700 steps from the Blue Line’s Cumberland Station.
RedMane Technology, a computer software development firm, has completed a lease for 27,139 square feet which includes 3,900 square feet of expansion space. The company has been a tenant of the building since 2000. Based in Chicago and Vancouver, RedMane offers comprehensive business and technology services such as strategic analysis and technology planning, custom application development, technology modernization and maintenance.
In order to accommodate the RedMane expansion, Berger needed to relocate the adjacent tenant, John Keno & Company. As part of the relocation, Keno expanded its space from 3,808 square feet to 6,036 square feet and renewed its lease for 10 additional years. John Keno is an engineering firm specializing in large infrastructure projects.
Stephen Chrastka and Jason Wurtz of NAI Hiffman, are the exclusive leasing agents for Concourse Chicago.
“It is very exciting to witness the transformation that has taken place and the impact it is having on existing and prospective tenants,” said Chrastka. “RedMane and Keno both have had a front row seat for the changes and we’re excited we were able to accommodate their space expansion needs.”
