JLL to Anchor Chicago-Area Office Building
- May 06, 2019
JLL has signed a long-term lease with Ryan Cos. and will anchor the developer’s most recent project at Oakmont Point in Westmont, Ill. The company plans to consolidate its operations in Westmont and Lombard, Ill., into the new office once the redevelopment is completed.
The $50 million, 18-acre office campus has been under construction since 2017, when Ryan Cos. acquired the site. CBRE represented the landlord in the deal.
Located at 660 Oakmont Lane, off Interstate 88, the three-building campus provides a total of 275,000 square feet of office space, a below-grade parking accommodating up to 200 cars, a conference center, fitness center and deli. The site is located in a park-like setting that includes a 3.6-acre pond.
Situated between both O’Hare and Midway International Airports, the campus offers convenient access to downtown Chicago. JLL is expected to move approximately 350 employees to the new location.
Ryan Cos. is also getting ready to complete a 475,000-square-foot distribution facility in Fernley, Nev., for Polaris Industries Inc.