For pioneering businesses striving for innovation, technological advancement, and a contemporary work-life experience in a superior location, 4 Overlook Point is their premier destination in the Chicago region.
4 Overlook Point is a 31-acre campus comprising four buildings and three parking garages with approximately 2,300 parking spaces, plus additional surface parking. A two-story central pavilion building cohesively connects the campus and is ideal for corporate headquarters, with a former cafeteria and open common areas for amenities. Flanking the pavilion, Buildings A and B are virtually identical, spanning six stories with north and south wings. The office spaces are in excellent condition and offered by the floor, with an additional on-site data center to handle Fortune 500-level data operations.
The data center encompasses the top two floors of the standalone building, which is connected to the main underground complex and provides enterprise-scale infrastructure designed for reliability and uptime. The lower level is equipped with dock, receiving, and mechanical spaces, and training and meeting rooms are on the first floor. The data center has been built to Tier II+ standards (not formally recognized) to support mission-critical operations with substantial power redundancy and cooling systems. The data center features include dual utility grid feeds, four UPS backup systems, diesel generators, and chilled water storage, with 24/7 on-site monitoring and top-notch fire suppression for safety.
Lincolnshire and the Greater Central North Chicago submarket are quickly emerging as leading hubs of innovation for the entire US. Notably, the Central North area has one of the nation’s largest medical-related and biopharma clusters, hosting the headquarters of Baxter Healthcare, Medline Industries, Abbott Laboratories, AbbVie, and Horizon Therapeutics. These headquarters are only a few of the influential corporate players in the area, but they underpin the proliferation of quality labor in this area.
4 Overlook Point is an address that takes full advantage of this venerable locale’s most attractive factors. Top-talent households are especially dense in the immediate area, highlighted by the average annual income of $171,000 within a 2-mile radius. Families continue to move here and stay since 4 Overlook Point is in the highest-rated school district in the country, according to Niche. The site’s location off Highway 45 streamlines commutes and access to both business and lifestyle destinations. With institutional-quality infrastructure, spaces optimized for large-scale business needs, and a talent-rich, lifestyle-focused location to match, 4 Overlook Point is the one and only opportunity to lead with distinction in the Chicago region.
Newly acquired by Woodcrest, this property is uniquely positioned for new tenants in spaces as small as approximately 50,000 square feet and up to the entire 863,000-square-foot complex. The privately owned firm can offer highly competitive leasing rates up to 80% below market rent.
Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms. Woodcrest is also sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Give Woodcrest a call today to find the right location for your business, as Woodcrest usually has multiple retail opportunities in the immediate area.