Denholtz Associates Inks Two Leases at Newly Renovated Office Building in Oak Brook, Illinois
Denholtz Associates
Oak Brook, Ill. (October 3, 2017) – Denholtz Associates, a privately held, fully integrated real estate development, investment and management company, announced the signing of a 7,187-square-foot lease with The Rubicon Group, and a 4,362-square-foot lease with Clutch Global Logistics at the 201,425-square-foot Butterfield Office Plaza in Oak Brook, Ill. Denholtz Associates recently completed a $1.25 million renovation project at the Butterfield Office Plaza that included upgrades to the building’s amenities and overall design of the space. The Butterfield Office Plaza’s renovation plan was developed in line with the goal of attracting innovative, growing tech companies through creating an amenity-filled and welcoming space. Through the use of natural light and modern fixtures, common spaces such as the lobby and newly-added café have become communal gathering spaces for firms looking for an exciting office experience. The Rubicon Group, a leading provider of proven sophisticated web-based business modules for the manufacturing and warehousing industries, recognized the unique opportunity presented by the Butterfield Office Plaza prior to signing their lease. The Rubicon Group’s new office will enable them to continue to develop their full suite of flexible and adaptable software solutions that allow businesses to operate more efficiently and maintain profitability. Since their founding in 1993, Clutch Global Logistics has been on the forefront of the international logistics industry, delivering tailor-made air, ground and sea logistics solutions to a wide variety of clients across the nation. The firm will utilize the newly leased space to house their operations staff to ensure they can continue to offer industry-leading customer service. The three-story Butterfield Office Plaza is strategically located on ten-acres in the heart of the East/West Corporate Corridor of Oak Brook and includes frontage and easy access to I-88. The property features on-site management, a state-of-the-art energy management system and ample parking. It is situated 18-miles west of downtown Chicago and 16-miles from O’Hare Airport. The property is also located within one the strongest retail corridors in the Chicago area and is in close proximity to I-294, I-355, public transportation, dining, shopping and lodging. “We recognize the nature of today’s office market and the need to continually evaluate our portfolio identify ways in which we can bring our properties in line with the desires of modern tenants,” said Steven Denholtz, CEO of Denholtz Associates. “The renovation of the Butterfield Office Plaza showcases our vision for our office portfolio and the signing of two new leases with established companies signals the success of this vision. We will continue to make smart investments in our properties to attract the best tenants to execute our multi-tenant risk adjusted investment strategy.” For information on available space and leasing inquiries please contact Carrie Kalita (847-706-7155, ckalita@owenwagener.com) of Owen Wagener & Co. To stay connected with Denholtz Associates and for updates on the latest transactions and news follow Denholtz on Facebook (www.facebook.com/DenholtzAssociates), Twitter (@DenholtzRE), and LinkedIn (www.linkedin.com/company/Denholtz-Associates). Denholtz Associates Inks Two Leases at Newly Renovated Office Building in Oak Brook, Illinois Denholtz Associates