{"id":1004051694,"date":"2012-07-11T07:17:44","date_gmt":"2012-07-11T15:17:44","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=56636"},"modified":"2020-04-03T05:54:11","modified_gmt":"2020-04-03T13:54:11","slug":"capital-one-financial-corp-closes-on-150000-sq-ft-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/capital-one-financial-corp-closes-on-150000-sq-ft-lease\/","title":{"rendered":"Capital One Financial Corp. Closes on 150,000-Sq.-Ft. Lease"},"content":{"rendered":"<p>By Gabriel Circiog, Associate Editor<\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Atrium-Corporate-Center.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-56637\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Atrium-Corporate-Center.jpg\" alt=\"\" width=\"300\" height=\"196\" \/><\/a>In the second-largest office lease of 2012 for Chicago&#8217;s suburbs, Capital One Financial Corp. has closed on a lease of 150,000 square feet in the Atrium Corporate Center, <em>Chicagorealestatedaily.com<\/em> reports. This deal brings the office building\u2019s occupancy rate close to 100 percent.<\/p>\n<p>Located at 3800 Golf Rd. in Rolling Meadows on 40 acres next to Woodfield Mall, the 477,000-square-foot office building is owned by San Francisco-based Spear Street Capital. The real estate investment firm acquired the three-story building for $36.4 million in 2003 and, according to property records, sold it to a joint venture between Parsippany, N.J.-based Prudential Real Estate Investors and Dallas-based Lincoln Property Co. for $62.1 million in 2006. Four years later, Spear Street Capital repurchased the property for $29.5 million.<\/p>\n<p>Capital One entered the Chicago office market in May, when the McLean, Va.-based company purchased the U.S. credit card business, HSBC Holdings PLC, in a deal worth $31.1 billion. Around 450 employees from HSBC\u2019s facility in Elmhurst will relocate to the Atrium Corporate Center in the first quarter of 2013.<\/p>\n<p>A spokeswoman for Capital One said the company is in the process of integrating the two new acquisitions completed this year\u2014ING Direct and HSBC\u2019s U.S. card portfolio\u2014and are evaluating growth projections for the site.<\/p>\n<p>ActiveHealth Management Inc.\u2014a subsidiary of Hartford, Conn.-based Aetna Inc.\u2014will move to the third floor of the Atrium Corporate Center and keep around 17,000 square feet as part of the deal, this according to Scott Ohlander\u2014a vice president at Jones Lang LaSalle Inc.\u2014who represented ActiveHealth.<\/p>\n<p><em>Photo Courtesy of: www.spearstreetcapital.com<\/em><\/p>\n<p>For more market data on Chicago, please <a href=\"https:\/\/www.multihousingnews.com\/news\/midwest\/market-snapshot-multifamily-transaction-volume-in-chicago-concentrated-in-20m-assets\/1004046029.html\" target=\"_blank\" rel=\"nofollow\"><strong>click here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gabriel Circiog, Associate Editor In the second-largest office lease of 2012 for Chicago&rsquo;s suburbs, Capital One Financial Corp. has closed on a lease of 150,000 square feet in the Atrium Corporate Center, Chicagorealestatedaily.com reports. This deal brings the office building&rsquo;s occupancy rate close to 100 percent. Located at 3800 Golf Rd. in Rolling Meadows [&#8230;]<\/p>\n","protected":false},"author":1269,"featured_media":1004506248,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21742],"tags":[1815],"class_list":["post-1004051694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Capital One Financial Corp. Closes on 150,000-Sq.-Ft. Lease - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/capital-one-financial-corp-closes-on-150000-sq-ft-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capital One Financial Corp. Closes on 150,000-Sq.-Ft. Lease\" \/>\n<meta property=\"og:description\" content=\"By Gabriel Circiog, Associate Editor In the second-largest office lease of 2012 for Chicago&rsquo;s suburbs, Capital One Financial Corp. has closed on a lease of 150,000 square feet in the Atrium Corporate Center, Chicagorealestatedaily.com reports. This deal brings the office building&rsquo;s occupancy rate close to 100 percent. Located at 3800 Golf Rd. in Rolling Meadows [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/capital-one-financial-corp-closes-on-150000-sq-ft-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-07-11T15:17:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-03T13:54:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Atrium-Corporate-Center.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-one-financial-corp-closes-on-150000-sq-ft-lease\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-one-financial-corp-closes-on-150000-sq-ft-lease\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"Capital One Financial Corp. 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