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Verizon Renews 128,894 Square Foot Lease At Continental Towers In Rolling Meadows With CBRE's Representation

Property Image
LEASED
Andrew Kaplan
Jonathan (Jon) Springer
Joe Stevens
+ 1

Illinois

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Office128,894 SF
Leased 10/08/2025
the dealplayerscompscontact
Property Image
LEASED

Verizon Renews 128,894 Square Foot Lease At Continental Towers In Rolling Meadows With CBRE's Representation

1701 Golf Road

See Similar Deals
Office128,894 SF
Leased 10/08/2025
Andrew Kaplan
Jonathan (Jon) Springer
Joe Stevens
+ 1
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:128,894 SF
Transaction Type:Lease

The property involved in this transaction is an office asset located at 1701 Golf Road in Rolling Meadows, Illinois, with a total square footage of 128,894. It is part of Continental Towers, which comprises four office buildings.

Summary of transation details:

This lease renewal represents one of the largest office deals in the Northwest suburbs for the year 2025, concluding a significant agreement between Verizon and the landlord. Transwestern and CBRE facilitated the negotiation, with their respective representatives playing crucial roles in the transaction.

Players

Andrew Kaplan
CBRE
Andrew Kaplan
2 deals(773) 485-0403
BROKER
Jonathan (Jon) Springer
CBRE
Jonathan Springer
10 deals(312) 493-1073
BROKER
Joe Stevens
Transwestern
Joe Stevens
4 deals(312) 881-7095
BROKER
Steven (Steve) Degodny
Transwestern
Steven Degodny
3 deals(847) 354-4247
BROKER
Transwestern
Transwestern
BROKERAGE
CBRE
CBRE
BROKERAGE
V
Verizon
TENANT

Details

LEASED
IMAGE: Joe Stevens, Steve Degodny, Jon Springer & Andrew Kaplan DATE: 10/08/2025 ADDRESS: 1701 Golf Road MARKET: Rolling Meadows ASSET TYPE: Office ~ SF: 128,894 TENANT: Verizon LANDLORD'S REP: Joe Stevens & Steve Degodny (@Steve_Degodny) - Transwestern (@Transwestern) TENANT'S REP: Jon Springer & Andrew Kaplan - CBRE (@CBRE) NOTE: Verizon renewed its 128,894-square-foot lease at Continental Towers, a four-building office campus at 1701 Golf Road in Rolling Meadows, Illinois. Transwestern’s Joe Stevens and Steve Degodny represented the landlord, while CBRE’s Jon Springer and Andrew Kaplan represented Verizon in one of the Northwest suburbs’ largest 2025 office deals.

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Deal Type
Effective Rent (Annual)

$7,388,126.30

Total Lease Value

$73,881,263.00

Net Landlord Cash Flow$7,388,126.30