Embanet Inks 18,600-SF Sublease in Elk Grove Village
August 30, 2010
By: Justin Sumner

Embanet Inc. signed a sublease agreement for 18,600 square feet at Northwest Point, a 125-acre corporate park at 50 NW Point Blvd. in Elk Grove Village, IL. The 176,848-square-foot, six-story, Class A office building is in the Schaumburg Area submarket.

Embanet provides capital and support to some of the country's premier nonprofit educational institutions to launch online degree programs with worldwide reach, including support, program development, marketing and enrollment. ...

... Gregg Raus, principal, and Mark Kolar, vice president, at Jones Lang LaSalle represented the sub-landlord. Jon Azulay, associate director, and Terry Molstrom, executive managing director, at Studley represented the tenant. The building is owned by Massachusetts-based Franklin Street Properties Corp.

Link to article