Younan Signs Five
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|In the past 45 days, Younan Properties has signed five new leases totaling 25k SF in three of its suburban office buildings, showing signs of a pick-up in suburban office leasing.|
|Younan's Dan Svachula says the uptick in activity across its portfolio extends back to Q3. Evidence of growing tenant confidence includes Bannockburn Corporate Center, where Emerson Network Power renewed its 13k SF lease, repped by Paine/Wetzel. Younan was repped by JLL. At Younan Commons in Hoffman Estates (pictured) The American Worker Plans and Husqvarna Professional Products signed two leases totaling 8,000 SF. The American Worker was represented by CBIZ-Gibralter and Husqvarna was represented by Podolsky Northstar. NAI Hiffman handled the deals for Younan. At One North Arlington in Arlington Heights, BYD Corp signed a new lease and Hogan's Deli renewed its lease for4,000 SF. BYD was represented by Newmark Knight Frank while Transwestern repped the landlord.|