Newmark is pleased to announce that it has successfully advised HR Source in its 11,655-square-foot lease renewal and extension at 3025 Highland Parkway (Highland Landmark II) in Downers Grove, Illinois.
Formerly known as “The Management Association of Illinois”, the association recently re-branded to the name “HR Source”. Founded in 1898, HR Source has more than 1,200-member organizations that look to it as a trusted source of HR expertise and guidance. Newmark Senior Managing Director Corey B. Chase represented HR Source in the negotiations while Jeff Shay, Karla Harmon and Steve Flachbart of JLL represented ownership, The Estate of James Campbell Company LLC.
“HR Source has been a tenant at Highland Landmark II for several years and enjoys the amenities and location,” said Chase. “With its recent re-brand, we were able to negotiate a tenant improvement package to update the space to dovetail the new direction of the organization.”
Highland Landmark II is a Class A office park offering large floorplates and easy access to I-88 and I-355.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com. Newmark Group is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”) (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets.
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