The lease transaction involved an office asset located at 150 Center Ct, Schaumburg, IL, 60195. The property spans 15,751 square feet and is situated in the Schaumburg market. Gerber National Claims Services, a national automotive-glass claim administrator, leased this space for their claims processing and administration departments. The lease renewal was facilitated by Avison Young, with tenant improvements valued at over $500,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not provided
• Tenant's Rep: Marc Fiedler(Re/Max), Richard Morris(Cresa)
• Tenant: Gerber National Claims Services
• Landlord: Performance Real Estate Services 3, LLC

The tenant was represented by Avison Young, specifically Rick Morris and Marc Fiedler from the Chicago office. On the landlord's side, Jennifer Hopkins and Olivia Czyzynski of SVN Chicago Commercial represented Performance Real Estate Services 3, LLC. The tenant, Gerber National Claims Services, utilizes the space as a national call center, employing 60 call-center and administrative employees with unique 24/7 operations requirements.