Butterfield Office Plaza

Plans in place to renovate Butterfield Office Plaza

Clear Height Properties and its JV partner Corcoran Commercial Real Estate, have launched the renovation and repositioning plans for 26Twentyfive, formerly known as Butterfield Office Plaza which was acquired in July. 

In conjunction with the launching of that program, the partnership has retained Oakbrook Terrace-based NAI Hiffman to lead the rebrand of the property and manage and lease the building. Executive Vice President Dan O’Neill, Senior Vice President Adam Johnson and Associate Ryan Maher of NAI Hiffman have been retained by the new owner to lead the leasing efforts. In doing so, the NAI team will leverage a modern brand, new name and website while differentiating the project from the many office centers, plazas and parks in the greater Oak Brook area. 

2625 Butterfield is a 200,774, square-foot, multi-story office building situated on 10 acres with premier visibility from the I-88 Tollway. The property has office spaces available for lease ranging in sizes from 700 to 9,000 square feet. 

“26Twentyfive, is an exciting edeavor for us,” said Dominic Sergi, CEO and president of Clear Height Properties. “We are excitied to reposition this asset into a new modern workplace environment that will inspire users of various sizes.”

A robust capital and redevelopment plan has been established for the asset in the coming months. Chief among the priorities for the renovated and repositioned 26Twentyfive include further amentizing the asset with the addition of modern conference facilities, fitness center, refreshed entrance, lobby and expanded WiFi lounge. 

“The amenity race isn’t just for the trophy, class A assets anymore. Businesses looking to attract a multigenerational workforce while providing a premier location for its employees and clients is important more now than ever,” Johnson said. “We are excited to work with Clear Height Properties to breathe new life into a well-located office asset, with outstanding, untapped potential.”

Press release issued by NAI Hiffman.

Featured in Daily Herald.

Chicago Regional Growth Corporation

Together with Cook, Kane, Kendall, Lake, McHenry, and Will Counties, DuPage County and Choose DuPage have joined in supporting regional economic development through the Chicago Regional Growth Corporation (CRGC). The organization fosters collaboration and cultivates a regional approach to economic development in order to generate inclusive growth and prosperity across northeastern Illinois.


  • Provide a platform for collaboration from public and private leaders.
  • Prioritize, align and manage the region’s economic development activities to increase competitiveness and improve access for historically disinvested communities.
  • Provide a unified voice for northeastern Illinois.


Global Programs

Grow the region’s economy and improve competitiveness by leveraging the assets to engage in international trade that drives increased exports and attracts and nurtures foreign direct investment.

  • Grow the pipeline of export-ready firms
  • Enhance the export ecosystem
  • Reduce costs to access global markets
  • Creative a platform to facilitate foreign-direct investment
  • Engage, celebrate and support FOEs
  • Nurture global leadership in key sectors
  • Advance cohesive global identity

Industry Clusters

Build on the region’s strengths by fostering its globally competitive industries.

  • Develop protocol for delivering export and FDI programs to the metals cluster
  • Promote the region as a leader for key sectors
  • Identify additional priority industries
  • Align stakeholder efforts

Regional Systems

Improve essential economic systems at a regional level to foster more effective communication and more inclusive and equitable growth.

  • Establish region-wide channels of communication
  • Host economic development boot camps
  • Develop protocol for collaboration on major projects
  • Identify key systems for facilitating an inclusive and equitable economy
  • Prioritize opportunities and align them with clusters

Elected Officers

James M. Roolf, Chair
Joliet Banking Center

Nelda J. Connors, Vice-Chair
Pine Grove Holdings

John A. Carpenter, Secretary
Choose DuPage Economic Development Alliance

Alberto J. Paracchini, Treasurer
Byline Bank

Board of Directors

Andrez Beltran, Kendall County
Nim Chinniah, Northwestern University
Kevin Considine, Lake County Partners
Dan Cronin, Chairman, DuPage County
Steven Davis, The Will Group
Jack Franks, Chairman, McHenry County
John Greuling, Will County Center for Eco. Dev.
Scott Gryder, Chairman, Kendall County
Michael Jasso, Cook County Bureau of Eco. Dev.
Chris Lauzen, Chairman, Kane County
Aaron Lawlor, Chairman, Lake County
Michael Moskow, Chicago Council on Global Affairs
Aneesa Muthana, Pioneer Service
Toni Preckwinkle, Chairman, Cook County
Robert Rivkin, Deputy Mayor, City of Chicago
Michael Skala, McHenry County
Joe Slawek, FONA International
Mike VanKerkhoff, Kane County Development
Larry Walsh, Executive, Will County
Andrea Zopp, World Business Chicago



Aldi Naperville

Aldi expands corporate footprint in Naperville

The discount retailer will continue to operate its headquarters in Batavia and will lease additional space at 1000-1100 East Warrenville Road in Naperville, also known as the Naperville Woods Office Center. 

The quickly growing retailer said it will lease about 113,000 square feet of space at the office center, representing 80 percent of the space vacated by Health Care Service Corp.

Aldi said last year it would invest $3.4 billion to expand its U.S. store base from more than 1,700 currently to 2,500 by 2022. The company did not immediately respond Tuesday to requests about the corporate expansion or how many people will work in Naperville. 

Health Care Service Corp., a national insurance organization that provides health insurance services for more than 15 million customers, will lease about 32,000 square feet of space at the office center. Though this is an overall reduction in its footprint, Heath Care Corp. maintains its position as Naperville Woods’ largest tenant with a total occupancy of about 175,000 square feet.

NAI Hiffman was retained by Agellan Commercial REIT in 2015 to lease and manage the two properties, which have about 490,000 square feet. Since then, the properties were updated with an on-site concierge service, new food service operation, fitness center, tenant lounges, electric vehicle charging station and Zagster bike sharing. 

“These two leases are truly the result of what can be achieved when ownership, management and leasing work together toward a common goal. We are extremely proud of the success we achieved as a team in this challenging market,” said Pat Kiefer, NAI Higgman executive vice president. 

With the addition of these two transactions and lack of tenant expirations in the near future, Naperville Woods Office Center’s availability rate is less than 2 percent, making it one of the most stable class A assets on the western end of the east-west corridor area, the company said.

Press release issued by NAI Hiffman.

Featured in Daily Herald.

Bridge Development Groundbreaking

Bridge Development Breaks Ground on 678,000 Sq. Ft. Project in Downers Grove

The Downers Grove Economic Development Corporation (DGEDC) recently announced that Bridge Development Partners, LLC, broke ground on Bridge Point Downers Grove. The 678,858 sq. ft. industrial/office development is a joint venture of Bridge Development Partners and Banner Oak Capital Partners. The project, which is on a 54-acre site off Lacey and Finley Roads, north of Warrenville Road, will be completed in early 2019. 

Bridge Development

“Bridge believes this project will be one of the most unique and notable new development starts in the Chicago industrial market in years,” said Steve Groetsema, Principal and Chicago Market Officer, Bridge Development Partners. “This is an irreplaceable large infill tract of land in Chicago’s west suburbs positioned to attract tenants from I-55, West Cook County and DuPage County submarkets.” 

The groundbreaking ceremony, which was hosted by Premier Design + Build Group, LLC, included Mayor Martin Tully, State Representative David Olsen, DGEDC President Michael Cassa, Village Manager Dave Fieldman, and DGEDC Chairman John Luka. The ceremony featured renderings of the three buildings: 3600 Lacey (174,576 sq. ft.), 3700 Lacey (212,937 sq. ft.) and 3800 Finley (291,345 sq. ft.). In total, the three buildings will have 106 docks and 681 parking spaces. Cushman and Wakefield is the leasing broker for the project.  

“I am thrilled that Bridge Development Partners has added Bridge Point Downers Grove to its impressive list of projects in the Chicago area” said Downers Grove Mayor Martin Tully. “Bridge Point tenants will be able to take advantage of the strategic location that provides visibility from both I-88 and I-355.” 

The Downers Grove Economic Development Corporation is the official agency for economic development for the Village of Downers Grove. Please visit their website at www.dgedc.com