Client:

  • Canadian National Railway
    17641 South Ashland Avenue, Homewood, Illinois

Assignment:

  • Consolidate owned facilities with leased facilities to develop a US headquarters.
  • Analyze the North, South, and West suburban office markets as well as out of state opportunities.
  • Develop a state of the art "Rail Traffic Control Center."
  • Complete assignment within 18 months.
  • Utilize all City and State economic incentives.

Strategy:

  • Create leverage against current landlord with new building developments in the O’Hare market.
  • Understand the new financing on 10255 W. Higgins Road.

Benefits Achieved:

  • Built-to-suit a 75,000 rsf two story building on adjacent land in Homewood, IL.
  • Saved $8,000,000 over traditional lease.