Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisOffice

Sonoco Protective Solutions leases office space in Arlington Heights

December 15, 2020
Share on Facebook Share on Twitter Share on LinkedIn Share via email

JBS Commercial Real Estate represented building ownership, Pal Group Inc., in a recent transaction that will see Sonoco Protective Solutions take an 18,595-square-foot office lease at 3930 Ventura Boulevard, in Arlington Heights, Illinois. Avison Young represented the tenant.

“It is a unique time in the market,” said JBS partner Jason Shibata. “This lease demonstrates that a conveniently located office building, with convenient highway access and close proximity to amenities can attract and maintain good quality tenants in spite of things like the pandemic and other factors.”

The 57,000-square-foot, single-story 3930 Ventura Boulevard offers a level of comfort and safety that is increasingly important to tenants in the market. Tenants of the building, including Sonoco Protective Solutions, have private, secure entrances, private restrooms and individually controlled heating cooling and ventilation. 

“In today’s environment, those building features and the benefits they provide can be an important characteristic for tenants,” said JBS partner Brian Silverman who, along with Shibata, represented building ownership in the deal.  

With this lease the building, which sits on approximately 4.5 acres of land, is approximately 80 percent leased. The remaining approximately 8,000 square feet of space is divisible to approximately 2,000 square feet.

Tags
arlington heightsAvison Youngjbs commercial real estatePal Group Inc.Sonoco Protective Solutions
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisSeniors Housing

McShane Construction completes construction of The Oaks at Algonquin senior living residence

June 24, 2022
IllinoisIndustrial

Principle Construction builds urban industrial spec building for IDI Logistics

June 24, 2022
TexasMultifamily

Colliers Mortgage closes Fannie Mae loan for The Arbors in Temple

June 24, 2022
OhioMultifamily

Columbus’ CREC Real Estate acquires five multifamily properties in first half of 2022

June 24, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com