U.S. Cellular Corporation renewed and expanded its existing lease at 8410 – 8420 Bryn Mawr Avenue increasing its headquarters to 331,797 square feet. The company is currently the largest tenant at U.S. Cellular Plaza.
FCA Partners will implement extensive exterior and interior renovations including landscaping, parking upgrades, improved common areas and lobby renovations among other improvements, according to Colliers International Principal Francis Prock, who represented FCA alongside Colliers’ Jason Simon.
“These capital improvements along with the in-place amenities, supreme location at a CTA Blue Line stop and a four-way interchange at Cumberland Avenue were key factors in U.S. Cellular’s decision to remain and expand at its namesake property,” Prock added.
Edward Cherry, managing director at FCA Partners, explained that U.S. Cellular has been a vital component of this office complex and the O’Hare office market for almost three decades.
“We are proud of our collaboration with U.S. Cellular that has made U.S. Cellular Plaza such a solid office asset and a prime example of the type of investment we seek,” he said, adding that this transaction was marked the largest lease signed in suburban Chicago in the past two years.Constructed in 1981, U.S. Cellular Plaza is a three-building, 637,484-square-foot Class A office complex located in the heart of Chicago’s vibrant O’Hare office market at I-90 and Cumberland Avenue.
U.S. Cellular signed its original lease at 8410 Bryn Mawr in 1988 for just under 10,000 square feet. Prior to this most recent lease signing, U.S. Cellular was occupying the entire 212,428-square-foot 8410 building and will now be expanding into an additional 119,369 square feet in the 8420 building on a long-term basis.
U.S. Cellular was represented by Bob Chodos and Steve Levitas of Newmark Grubb Knight Frank and Michael Adams of Colliers International.