Located about 30 miles north of downtown Chicago, 570 Lake Cook Road was renovated last year and features heated underground parking, top-floor solarium, state-of-the-art conference facilities, and on-site management. Berger again negotiated the lease on behalf of ownership, while Hayden Rasmussen and Jon Azulay of Savills represented the tenant.
In addition, engineering firm Kimley-Horn has signed a long-term extension and expanded its footprint to 16,000 square feet to accommodate its growth. At 570 Lake Cook in particular, the immediate proximity to the Metra makes it uniquely suited to service a much broader workforce.”
“Companies value a physical presence in the area to take advantage of Lake County’s diverse talent pool and comparably affordable rental rates. “The Venture X expansion from the western suburbs to the north is indicative of the growing need for quality office space in key suburban markets,” said Berger. Venture X plans to open their high-end co-working spaces in the northern submarket later this year.īradford Allen’s Joel Berger, senior managing director, negotiated the lease on behalf of ownership, while Vic San Miguel of Bespoke Commercial Real Estate represented the tenant. This location will be the company’s second within Chicagoland, expanding its presence and versatile workspace solutions to meet the rising demand for suburban office space. Venture X has signed a 19,000-square-foot lease to open a new co-working location in the former JUUL space on the building’s third floor. CHICAGO – – Bradford Allen, a national full-service real estate firm, today announced it has completed two new deals totaling 35,000 square feet at 570 Lake Cook Road, a five-floor, 138,000-square-foot office building in Deerfield, Ill., a northern suburb of Chicago.
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