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Chicago & Midwest  + Greater Chicagoland  + Office  |  July 1, 2019
Paul Bubny
By: Paul Bubny

Colliers Reps Owner Stanton Road in Deerfield Lease

Justrite Manufacturing has taken 11,478 square feet at ArborLake Centre in Deerfield, IL. With this transaction, the 220,000-square-foot office property is now 77% leased, with other tenants including Miller Cooper, Personnel Staffing Inc., and AXA Equitable.

Colliers International | Chicago’s Jonathon Connor and Steve Kling represented landlord Stanton Road Capital. “We continue to see demand for space in well-located, Class A buildings with strong amenity packages,” said Connor.

“The significant capital investment that Stanton Road Capital is making at ArborLake Centre will provide tenants with a new, first-class program with outstanding value,” he added.

Stanton Road will soon launch a $2-million capital improvement plan that includes a complete overhaul of the building’s lobby and common areas, as well as implementation of The Outpost, its tenant amenity package. Completion is expected late this year.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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