CBRE Arranges Office Lease for Illinois Labor Union
- Jun 07, 2017
CBRE facilitated a long-term office lease for 18,890 square feet on behalf of Local 881 United Food and Commercial Workers (Local 881 UFCW), a labor union representing employees in retail food and drug stores throughout Illinois and Northwest Indiana. Through this deal, the organization expanded its space by roughly 25 percent.
Local 881 UFCW is expected to relocate from 10400 W. Higgins Road in Rosemont, Ill. to the new office at 1350 E. Touhy Ave. in Des Plaines, Ill. in early 2019. John Springer, executive vice president with CBRE’s Advisory and Transaction Services and Gary Fazzio, vice chairman, represented the union in the transaction.
Suite 300E at 1350 E. Touhy Ave. is currently occupied by Van Ru Credit Corp. Property records available on PropertyShark show that the last time the Class A building changed hands was in 2014, when it traded for $6.2 million. The property is close to Interstate 90 and less than 20 miles from downtown Chicago.
Image via Google Street View