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Chicago & Midwest  + Chicago + Greater Chicagoland + Illinois  + Office  |  January 26, 2024
Jasmine Kilman
By: Jasmine Kilman

Fortec Acquires Former Barrington School District HQ

Fortec, a Miami-based real estate development company, has acquired a 1.49-acre, 12,413-square-foot property at 310 E. James Street in Barrington, Illinois, a suburb of Chicago, for $695,000. The site was formerly Barrington School District headquarters from the early 1970s until 2019.

Fortec has signed a 17-year lease with The Nest Schools, an early childhood education operator with over 50 locations nationwide. It will be investing an additional $2.8 million for a complete remodel of the site’s existing building and the creation of an adjacent playground. The Nest School-Barrington will serve approximately 200 children and create 40 new jobs in the community.

Fortec was represented by Northmarq’s Milo Spector. The seller, the Board of Education of Barrington Community Unit School District Number 220, was represented by Jennifer Hopkins and Olivia Czyzynski of SVN Chicago Commercial.

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FortecNorthmarqSVN Chicago Commercial

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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