NAI Hiffman represented a joint venture between EverWest Real Estate Partners & Dividend Capital Diversified Property Fund in 14 new lease and renewal transactions totaling 53,121 square feet of office space at Washington Commons in Naperville.
Strong leasing momentum has raised the property’s occupancy rate by 15% in the past year—the highest occupancy experienced at Washington Commons since the first quarter of 2007.
Bright Horizons Family Solutions, a leading provider of early education and preschools, signed the largest transaction to occupy a 16,851-square-foot space at the property. Other large leases include NVR, Inc., a homebuilding and mortgage banking firm, with a new 8,302-square-foot lease and food company, Nestle USA, with a lease renewal for its 6,121-square-foot office.
Dan O’Neill and Matt Novak, with NAI Hiffman’s office services group, represented ownership in all 14 transactions