May 21, 2019 Comments Off on Owner-Occupied Offices Add Tenant for Cash Flow Views: 220 Chicago News, Greater Chicagoland

Owner-Occupied Offices Add Tenant for Cash Flow

CBRE recently represented School Health Corporation in the lease of 33,590 square feet to S-E-A at School Health’s Rolling Meadows, IL headquarters. School Health, which provides supplies and services to health professionals in educational settings, occupies the remaining 87,114 square feet at 5600 Apollo Dr., which it built in 2017.

A CBRE team of Cal Payne, Matt Mulvihill, Kevin Segerson and Philip DeBoer represented School Health in leasing negotiations. S-E-A, an engineering and consulting firm, was advised by CBIZ Gibraltar’s Steven Joseph, Noah Turner and Stephen Scott.

“School Health took a very smart approach to the development of its new headquarters,” said Payne. “It now has this incredible, state-of-the-art space, and it will generate cash flow with the lease to S-E-A, a leading forensic engineering and failure company.”

S-E-A will relocate from its current location in Elk Grove Village and occupy its new space in the fourth quarter.

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