JLL today announced that MECU has signed a long-term lease for 28,000 square feet at Schaumburg Corporate Center, located at 1501 Woodfield Road, Schaumburg, Illinois. MECU will use the space for its headquarters operations and operate a bank branch on the first floor.
“Schaumburg has been our home for more than 40 years and all of us at MECU are delighted that it will remain our home for many years to come,” said MECU President and CEO Mike Murphy. “We’re deeply committed to the people and business community of Schaumburg and can’t imagine a better place to continue the growth and success of our member-owned organization.”
MECU will be moving 110 employees from its space on Motorola Solutions’ former campus into Schaumburg Corporate Center in the fourth quarter of 2016. The not-for-profit will build out a more modernized, functional space to meet the changing needs of its employees and better compete in today’s business climate.
JLL Senior Vice President Mark Kolar and Vice President Jim Rose represented MECU, and Brent Jacob of John Hancock Real Estate represented the landlord.
“MECU is expanding into a flexible, collaborative space to better support its growing membership,” said Kolar. “Schaumburg Corporate Center offers increased operational efficiency and proximity to Schaumburg’s vibrant workforce.”
MECU is a not-for-profit, member-owned credit union whose principal mission is to improve the financial lives of its members. MECU embraces a 75-year tradition of doing the right thing for members—a practice that goes beyond offering the finest financial products and services. MECU’s core principle of “Putting you first” reflects an unwavering commitment to demonstrate uncommon courtesy, respect and integrity in each interaction with every member. For more information, visit mecu.org.
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
Contact: Marissa Oberlander
Phone: +1 312 228 3170
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Posted on May, 13
by Mark Czarny filed under