The Cool New Digs of SRAM - Trending the Open Office Concept

One Day at SRAM by Perkins + Will

SRAM, a bicycle components manufacturer recently took space at 1K Fulton in Chicago's West Loop Neighborhood, which has an interesting development story.  The building was an old cold storage facility that took about a year to thaw and redeveloped into a brand new office building, home to companies like Google and SRAM.

The growing trend of these creative spaces are showing that the blurred space between our work/life balance is being recognized and companies want their employees to be happier while working longer and of course, harder.  

These spaces come at a price as many lounge/creative/open areas add to the rentable SF and bottom line, but that's not what it's all about.  Companies like SRAM see this as an investment and great justification to increase collaboration, flexibility and inspiration.  This type of creative layout is not for every industry, but it is interesting to see more companies trending towards an open concept.  Factor in the cost of employee retention and there may be an argument to justify that expensive espresso machine.

Tour the new digs of Chicago's SRAM

Original Article: Curbed Chicago | By: AJ Latrace



9 of Chicago's hottest tech offices: Company Culture and New Office Trends

Source: Built in Chicago - Andreas Rekdal

Source: Built in Chicago - Andreas Rekdal

Source: Built in Chicago
From basketball courts to Nintendo rooms, here are 9 of Chicago's hottest tech offices
Author: Andreas Rekdal

With a shift in the office environment, we're seeing a lot of companies shifting from the traditional private offices to more open collaborative environments.  Cultural changes in the work place have been the predominant force behind these changes.  

Although this open environment is not for every company, the link below shows some really cool offices and how it can be done.

JBS Commercial Real Estate to Lease Corporetum III

Lisle, Illinois (January 22, 2016) Local Real Estate Investment Group, American Landmark Properties Acquires Lisle office building commonly known as, Corporetum III, located at 750 Warrenville Road, Lisle, Illinois; a unique 91,722-square-foot, 4-story Class A building that caters to small and mid-size companies in desirable DuPage County. The office building features state of the art gym facilities, upscale conferencing center and many new improvements to modernize the asset.  Office Space availabilities at the property range between 1,500 to 23,087 Square Feet. Corporetum III offers floor to ceiling windows, park views, unique private terraces and a full floor availability of approximately 23,087 SF.  

American Landmark Properties is a local investment group owning nearly 8,000,000 square feet throughout the Midwest and northeast.  American Landmark Properties will begin renovations including multiple spec suites, lobby and other common areas.  Furthermore, ownership has earmarked funds for tenant improvements and leasing commissions.  Ownership is well positioned to accommodate a quick occupancy and motivated to make deals.

JBS Commercial Real Estate was awarded the exclusive leasing assignment for Corporetum III, a 4-story Class A office building recently purchased by Skokie based, American Landmark Properties.

Brian Silverman and Jason Shibata from JBS Commercial Real Estate will serve as the listing agents for the Lisle office property.  For leasing information, please call 312.462.1020.

JBSCRE and Cushman Wakefield Complete Lease with Hyundai

Suburban Class A Fill Up
Author: Brian Rogal

CHICAGO—American Landmark Properties has just completed a long-term lease with Hyundai Motor America at its Two Trans Am Plaza located at 2 TransAm Plaza Dr. in suburban Oakbrook Terrace. Although the class A property started off the year with a lot of vacant space, much of that has been filled, another good example of what has happened in many suburban office markets during 2015. 

Hyundai will occupy the top floor at Two TransAm Plaza and was represented by Jordan Rovito and Don Yahn of Cushman & Wakefield. Ownership was represented by Brian Silverman and Jason Shibata of JBS Commercial Real Estate.

JBSCRE was awarded the exclusive leasing assignment for the 118,000 square foot, 5-story class A office building at the beginning of 2015 when more than 50,000 square feet was vacant. But after the owners finished a major renovation of the main lobby, atrium, and restrooms, JBS was able to secure about 40,000 square feet in new lease transactions.