zebra

August 8, 2016 Comments Off on Griffin Capital Nabs Zebra Tech’s 283K-SF Chicago-Area HQ Views: 312 California, Illinois, Midwest, National News, West

Griffin Capital Nabs Zebra Tech’s 283K-SF Chicago-Area HQ

Griffin Capital Corp. has added the 283,000-square-foot headquarters of Zebra Technologies Corp. to the portfolio of Griffin Capital Essential Asset REIT II Inc. The El Segundo-based buyer paid $60.1 million to seller Northwestern Mutual Life Insurance Co. for the suburban Chicago office building.

The headquarters, at 3 Overlook Point in Linconshire, IL, was built in 1991 and renovated in 2015. Zebra Technologies has a long-term, triple-net lease that expires in 2026. Zebra Technologies, a global, publicly traded company, designs and markets radio frequency identification printers and encoders.

James Postweiler, Peter Harwood, Brian Shanfeld and Dan Fernitz with Jones Lang LaSalle’s Chicago office represented the seller.

Read More at Globe Newswire

Connect with Griffin Capital

Connect With JLL’s Chicago Office

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , ,

Comments are closed.