Travelware leases space at Elgin corporate park
Schaumburg-based Heritage Travelware Inc., has leased 151,346 square feet at 2500 Northwest Parkway in Elgin.
Brian Colson, executive vice president with NAI Hiffman in Oakbrook Terrace, represented the company, a provider of premium business cases and mobile accessories. NAI Hiffman is also managing the asset on behalf of the owner, Stockbridge.
"Heritage Travelware chose the 2500 Northwest Parkway building because their timing for identifying a modern, functional asset was immediate," Colson said. "The requirement called for an above standard office build-out that was readily available as well as a preferred cross dock design, which was offered at the 2500 Northwest Parkway building. Constructing 11,000 square feet of new office in an alternative spec development would not have met their operational timeline."
Steve Bass of Lee & Associates represented Stockbridge in the lease transaction.