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Ryerson Leases 46000 SF At Group RMC's Corridors II In Downers Grove

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LEASED
Adam Lawler
Peter Adamo
+ 1

Illinois

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Office46,000 SF
Leased 02/27/2025
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Property Image
LEASED

Ryerson Leases 46000 SF At Group RMC's Corridors II In Downers Grove

2655 Warrenville Road

See Similar Deals
Office46,000 SF
Leased 02/27/2025
Adam Lawler
Peter Adamo
+ 1
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:46,000 SF
Transaction Type:Lease

The property involved in this transaction is an office asset located at 2655 Warrenville Road in Downers Grove. The total square footage of the space is 46,000 SF, situated within a building that is part of Group RMC’s Corridors II, which nearly remains fully occupied after the departure of UnitedHealthcare.

Summary of transaction details:

This lease transaction reflects a strategic move by Ryerson to occupy 46,000 SF in a well-maintained Class A office space, emphasizing the ongoing trend among tenants to prefer quality office environments amidst challenging suburban Chicago vacancy rates. The deal contributes to keeping the overall occupancy of the 150,000 SF building at a high level.

Players

Dirk Riekse
2 deals$15M volume
BROKER


Peter Adamo
CBRE
3 deals$18.9M volume(630) 732-1229
BROKER


LANDLORD

Details

LEASED
IMAGE: Peter Adamo, Adam Lawler, Maher Cherfan, Dirk Riekse, Edward Lehner & Jordan Rovito DATE: 02/27/2025 ADDRESS: 2655 Warrenville Road MARKET: Downers Grove ASSET TYPE: Office ~ SF: 46,000 LANDLORD: Maher Cherfan - Group RMC TENANT: Edward Lehner - Ryerson (@RyersonMetals) LANDLORD'S REP: Adam Lawler & Peter Adamo - CBRE (@CBRE) TENANT'S REP: Dirk Riekse & Jordan Rovito (@JRovito) - Cushman & Wakefield (@CushWake) NOTE: Ryerson leased 46,000 SF at Group RMC’s Corridors II in Downers Grove, keeping the 150,000 SF building nearly fully occupied after UnitedHealthcare’s exit. The deal reflects a broader trend of tenants favoring well-maintained Class A offices amid record suburban Chicago vacancy rates.

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Deal Type
Effective Rent (Annual)

$2,636,692.24

Total Lease Value

$26,366,922.42

Net Landlord Cash Flow$2,636,692.24