The suburbs of this city are filled with office properties that tenants have abandoned over the years, but some specialists in value-added work remain committed to reviving some of the more visible buildings. Seven month ago, for example, GlenStar Properties LLC and Walton Street Capital LLC bought Continental Towers, a 911,341-square-foot, three-tower office complex in Rolling Meadows just off the I-90 expressway. The partners embarked on an $8 million capital campaign in order to upgrade and reposition the buildings and have also just completed seven leases with a total of 67,721-square-feet.
Other new leases at Continental Towers include:
- United Chemi-Con signed on for 12,002-square-feet. The manufacturer and supplier of aluminum electrolytic capacitors will move from 9801 Higgins Rd. in Rosemont where it had the same amount of space. Studley’s Joe Arnstein represented UCC in the transaction.GlenStar Leasing Up Continental Towers
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