NAI Hiffman completes lease renewal at Butterfield Centre in Lombard

Butterfield Road Waste Management

NAI Hiffman announced that Waste Management has signed a lease renewal at 700-720 E. Butterfield Road in Lombard, Illinois.

NAI Hiffman Executive Vice President, Michael Van Zandt, and Vice President, Brian Edgerton, represented the landlord, St. Paul Fire & Marine, in the 86,110-square-foot office lease. Waste Management has been an active tenant at Butterfield Centre since 1991 and continues to benefit from the property’s prime location in DuPage County.

 

NAI Hiffman currently provides leasing and management services at Butterfield Centre, a two-building, 280,672-square-foot, Class A office complex centrally located at 700-720 E. Butterfield Road. The property features close proximity to major interchanges like I-88 and I-355, as well as popular restaurants and shops within Yorktown Center Mall in Lombard. Amenities, include: newly renovated common areas, on-site deli with “made-to-order” service, fitness center, covered parking, storage, and training center with auditorium. To learn more about Butterfield Centre and its leasing opportunities, visit: www.butterfieldcentre.com.

 

Bradford Real Estate Announces Intent to Proceed with a New Grocery Store in Lombard, IL

grocery

Advancing the Village Board goal of addressing key redevelopment sites in the community, the Village of Lombard announces that Bradford Real Estate will be pursuing zoning and development approvals from the Village for a new 74,000 square foot grocery store at 345 W. Roosevelt Road, Lombard. The project will consist of the demolition of an existing vacant K-Mart store, which has been closed since January, 2013 and replacing it with a modern prototype store that is focused upon meeting the grocery and convenience needs of the community. Continue reading

Village of Lombard Economic Incentive Policy Facilitates New Retail Developments

Sam’s Club and Bluestone Single Tenant Properties LLC Coming to Lombard

Advancing the Village’s goal to explore all options to bring new business activity to the Village’s business corridor, the Lombard Village Board approved two economic incentive agreements at their March 17, 2016 meeting. These developments are the first projects that are the result of the Village’s recently adopted Economic Incentive Policy. Continue reading

Village of Lombard State of the Village Address

Village of Lombard President Keith Giagnorio delivered the 2016 State of the Village Address at the Lombard Chamber of Commerce membership luncheon on Wednesday, Feb. 17. The text and a video recording of the address are available at www.villageoflombard.org/stateofthevillage.

The State of the Village Address touched on a number of topics including positive Village Board relations, the functions and services of the Village’s 6 Advisory Committees, Lombard’s new Economic Incentive Agreement and its positive influence on development, ongoing commitment to communication and transparency, the high standards of the Village’s Police and Fire Departments, and budget concerns regarding the State of Illinois’ potential cuts that threaten to divert $2.3 million of Village funds. Village President Giagnorio highlighted long range budget concerns due to unfunded State mandates. “The truth is, that there’s a lot of hard work ahead, but the important thing is that we’re not ignoring it,” said Giagnorio. “We’re choosing to be responsible and to proactively identify solutions, and we will. We are not a ‘kick the can down the road’ kind of Board. We are working to solve our long range problems now because it’s the right thing to do. It’s the responsible thing to do.” The full text of the 2016 State of the Village Address may be viewed here. The address will be run on Lombard Comcast Channel 6 and AT&T Uverse Channel 99 on Sundays, Tuesdays and Thursdays at 6:30 p.m., on Mondays, Wednesdays and Saturdays at 1:00 p.m., and Fridays at 11:00 a.m., throughout March.

Lombard Community Development Department Launches Information Series Regarding Retail

 

LOMBARD, Illinois — The Village of Lombard’s Community Development Department recently launched an online informational series about the process of opening a retail store in Lombard and the Village’s role in business attraction and retention.

 

 

The series, titled From Ground Breaking to Grand Opening: Retail in Lombard, features separate informational pages discussing site location factors, zoning and costs, Village involvement, and business retention. “Recently, with so many new businesses opening here in Lombard, people are curious about what’s going on behind the scenes,” said Lombard’s Assistant Director of Community Development Jennifer Ganser. “From the sidewalk, it can be hard to tell what’s going on when a business is under construction. We’re happy to be able to provide this useful information to anyone interested in learning more about new businesses in Lombard, and the Village’s role. Any time we can answer questions for our residents, we’re glad to do so.” The series supports the Village’s commitment to fostering positive relations in the development community, and maintaining transparent communications with residents. To view the full series, visit villageoflombard.org/retail. This 5 part series will be shared out via the Village’s weekly e-newsletter. To sign up visit villageoflombard.org/notifyme. For more information contact Jennifer Ganser at (630)620-5717

Morgan / Harbour to build 15,072-square-foot warehouse in Lombard

Kosmek USA Ltd. By: Stephanie Aguilar, Midwest Real Estate News Morgan / Harbour has been selected to construct a 15,072-square-foot office/warehouse for Kosmek USA Ltd. at 650 Springer Road in Lombard, Illinois. Construction is scheduled for completion in summer 2016. The new facility will be comprised of 6,950 square feet of office space and 8,122 square feet of warehouse space for the firm, which is relocating from Downers Grove, Illinois. Continue reading

Village of Lombard Named to List of ‘Top 10 Best Chicago Suburbs for Young Professionals’

LOMBARD, IL – The Village of Lombard was recently named #7 on the Top 10 Best Chicago Suburbs for Young Professionals list from real estate website Movoto.com. Over 100 locations were considered for this list, which was then broken down by key factors including percentage of residents with a bachelor’s degree, percentage of residents 22-29 years of age, unemployment rate, median earnings, percentage of residents who work in management, business, financial or other professional fields, and the cost of living. The individual listing referred to Lombard as “about as postcard perfect as it gets.” The writer highlighted Lilac Time, annual events and the “historic Downtown district” as reasons Lombard is a highly desired suburb for young professionals to live. To read the article visit http://www.movoto.com/chicago-il/best-suburbs-for-young-professionals/.