Odyssey Logistics Signs 8-Year Lease For Office Space In Elmhurst At 333 E. Butterfield Road | 333 East Butterfield Road | Office | Lease

Summary

Lease

ILLINOIS

Office

11,000 sqft

The office property located at 333 East Butterfield Road in Elmhurst, spanning 11,000 square feet, has been leased by Odyssey Logistics. The lease agreement entails a relocation of Odyssey's regional intermodal division headquarters from Palos Heights to Lombard, signifying the company's commitment to expanding capacity and enhancing its operational capabilities.

Summary of transaction details:

Property Type: Office
Transaction Amount: Not provided
Tenant: Hans Stig Moller - Odyssey Logistics
Lease Term: Eight years

As part of the strategic move, Odyssey Logistics has signed an eight-year lease for 11,000 square feet at 333 East Butterfield Road, with the goal of fostering a more dynamic work environment for its team of 40 employees. The relocation to Lombard's Highland Pointe property allows Odyssey to have enhanced facilities for customer meetings, reflecting the company's anticipation of growth in the key intermodal freight movement epicenter of the U.S.

Details

Deal Summary

LEASED

IMAGE: 05/10/2024 ADDRESS: 333 East Butterfield Road MARKET: Elmhurst ASSET TYPE: Office ~ SF: 11,000 TENANT: Hans Stig Moller - Odyssey Logistics LEASE TERM: eight-year NOTE: Odyssey Logistics has relocated its regional intermodal division headquarters to Lombard, signing an eight-year lease for 11,000 square feet at 333 E. Butterfield Road and moving in on April 26. This move from Palos Heights to a larger space reflects Odyssey's investment in expanding capacity, with enhanced facilities to host customer meetings and foster a more dynamic work environment for their team of 40 employees. Lombard's Highland Pointe property, spanning 189,000 square feet with easy access to I-88, now serves as Odyssey's operational hub in a strategic move within the Chicago area, a key epicenter for intermodal freight movement in the U.S., where the company anticipates growth as businesses embrace sustainable transportation options.

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Address333 East Butterfield Road

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