June 03, 2021
CHICAGO – Transwestern Real Estate Services (TRS) announces that it has secured three new long-term leases, totaling 101,165 square feet, at Corridors I & II, a two-building, Class A office complex comprising 300,000 square feet at 2651-2655 Warrenville Road in Downers Grove. Executive Vice President Joe Stevens and Senior Vice President John Nelson provided leasing services on behalf of the landlord, Transwestern Investment Group.
The transactions include:
- A 41,429-square-foot lease within Corridors II for Oak Street Health, a Chicago-based primary care provider. David Stein of Steinco Corporate Real Estate Advisors represented the tenant.
- A 42,149-square-foot lease within Corridors I for PDV Midwest Refining LLC, a provider of refining and transportation services for petroleum products. Robert Sevim and Jon Azulay of Savills represented the tenant.
- Expansion deals totaling 17,587 square feet within Corridors I & II for Professional Wealth Advisors, LLC, a wealth management firm. Joel Berger of Bradford Allen represented the tenant.
“We are thrilled to have executed over 100,000 square feet of new leases at Corridors I & II during a period when the market was experiencing a general slowdown in deal velocity,” said Stevens. “The complex’s outstanding location, accessibility and desirable amenities make Corridors I & II a compelling office choice. We are excited for these new tenants to join our building roster and look forward to welcoming all tenants back to the office this summer.”
Located in the East/West Corridor, directly adjacent to I-88 and I-355, Corridors I & II is just five minutes from Yorktown Center and 10 minutes from Oak Brook Center, which provides exceptional retail, restaurant and entertainment options. The property offers a fully equipped conference center, fitness center, on-site deli, reserved executive parking garage and additional structured parking with an above-market parking ratio.
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. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.