Transwestern Provides Office Leasing Services for 432,000 SF Campus
March 01, 2023
CHICAGO – Transwestern Real Estate Services (TRS) announces CF Industries has signed a long-term, 77,863-square-foot lease at 1 Astellas Way, a 432,000-square-foot office complex in Northbrook, Illinois, for its corporate headquarters. The company is expected to occupy the space before the end of 2023. Transwestern’s Executive Vice President Kyle Robbins, Executive Managing Director Andrew Davidson and Executive Vice President David Burkards are providing office leasing services for the building. The complex, managed by Transwestern, will be renamed 2375 Waterview Drive in April 2023.
CF Industries, a leading global manufacturer of hydrogen and nitrogen products for clean energy, fertilizer, emissions abatement, and other industrial activities, is moving from 4 Parkway North in Deerfield, Illinois. The company will occupy two floors in the south building at 1 Astellas Way.
“Coming out of the pandemic, there has been a flight to quality,” said Robbins. “A tenant signing a long-term lease in such a notable building is a testament to the fact that businesses care about the office, especially high-quality environments that will attract employees back to in-person work and encourage collaboration.”
The complex is comprised of two buildings and currently has 139,366 square feet of remaining space in the south building. Located in a mixed-use park, tenants have access to a cafeteria, a 400-person multi-purpose meeting space, a fitness center, ample parking, walkable retail and outdoor terraces. The development has signage opportunities along I-294 and is visible to over one million cars weekly. In 2012, the complex won Suburban Development of the Year from BOMA Chicago.
“Natural light provided by floor-to-ceiling glass, unparalleled identity, walkable retail amenities, LEED Gold status and significant underground parking are just a few of the reasons this award-winning campus appeals to prospective tenants,” said Robbins.
CF Industries was represented by JLL Senior Managing Director Daniel McCarthy and Associate Broker Sophia Spinell.
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About CF Industries
At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.