{"id":1004272145,"date":"2018-10-16T12:04:34","date_gmt":"2018-10-16T20:04:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004272145"},"modified":"2022-12-09T00:19:12","modified_gmt":"2022-12-09T08:19:12","slug":"assurance-to-relocate-hq-to-schaumburg-il","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/","title":{"rendered":"Assurance to Relocate HQ to Schaumburg, IL"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004272148\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004272148\" data-attachment-id=\"1004272148\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/woodfield-preserve-ii\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Woodfield Preserve II\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Woodfield Preserve II&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg?w=640\" class=\"wp-image-1004272148 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004272148\" class=\"wp-caption-text\">Woodfield Preserve II<\/p><\/div>\n<p>Assurance Agency is going to relocate its headquarters at the beginning of 2019 to Schaumburg, Ill. The brokerage firm has leased 75,000 square feet at Woodfield Preserve Office Center, committing to the entire sixth floor and a portion of the first floor at Woodfield Preserve II. JLL directed the lease on behalf of the tenant while CBRE represented the owner, Zeller Realty Group in the transaction.<\/p>\n<p>The six-story building is located at 20 N. Martingdale Road and has been part of ZRG\u2019s portfolio since 2016. The current owner bought both buildings making up the office center from KBS Realty Advisors for $73.3 million, according to real estate date provider Yardi Matrix.<\/p>\n<h2>Amenity-rich building<\/h2>\n<p>Woodfield Preserve Office Center provides almost 600,000 square feet of office space and 10,000 square feet of retail space. It also features top-of-the-line amenities that drew Assurance to this location, including:<\/p>\n<ul>\n<li>two fitness centers<\/li>\n<li>game rooms<\/li>\n<li>conference centers<\/li>\n<li>Wi-Fi lounges<\/li>\n<li>full-service delis with catering<\/li>\n<li>outdoor courtyard with pergolas and firepits<\/li>\n<li>mother\u2019s rooms<\/li>\n<li>community yoga classes<\/li>\n<li>organic gardening classes<\/li>\n<li>a raised-floor air distribution system that enhances air quality<\/li>\n<li>interactive conference centers<\/li>\n<\/ul>\n<p>The asset can be accessed via interstates 290 and 355. It is approximately 15 miles from Chicago O\u2019Hare International Airport and 5250 Old Orchard Road, another <a href=\"https:\/\/www.commercialsearch.com\/news\/suburban-chicago-office-towers-land-60m-refi\/\">ZRG office tower<\/a>. Completed in 2001 on a 29-acre lot, the property offers views of the Ned Brown Forest Preserve.<\/p>\n<p>The brokers involved in the transaction were Executive Vice President Bill Elwood and Senior Vice President Rob Graham of CBRE as well as Managing Director Jesse Van Dyke of JLL.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company leased 75,000 square feet of office space at one of Zeller Realty Group\u2019s Woodfield Preserve Office Center. Jesse Van Dyke of JLL represented the tenant in the transaction. <\/p>\n","protected":false},"author":30,"featured_media":1004272148,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1491,21743,13,21742,21747],"tags":[32789,32796,34116],"class_list":["post-1004272145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-chicago","category-deals","category-midwest","category-latest","category-office","tag-cbre","tag-jll","tag-zeller-realty-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Assurance to Relocate HQ to Schaumburg, IL - 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\/assurance-to-relocate-hq-to-schaumburg-il\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assurance to Relocate HQ to Schaumburg, IL\" \/>\n<meta property=\"og:description\" content=\"The company leased 75,000 square feet of office space at one of Zeller Realty Group\u2019s Woodfield Preserve Office Center. Jesse Van Dyke of JLL represented the tenant in the transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/\" \/>\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=\"2018-10-16T20:04:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:19:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/\",\"name\":\"Assurance to Relocate HQ to Schaumburg, IL - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg\",\"datePublished\":\"2018-10-16T20:04:34+00:00\",\"dateModified\":\"2022-12-09T08:19:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b9dffbe4e6d3437c6ee209677f7462f2\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Woodfield-Preserve-II.jpg\",\"width\":640,\"height\":512,\"caption\":\"Woodfield Preserve II\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/assurance-to-relocate-hq-to-schaumburg-il\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Assurance to Relocate HQ to Schaumburg, IL\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b9dffbe4e6d3437c6ee209677f7462f2\",\"name\":\"Roxana Baiceanu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0fdcf1e7033393d084453b57cb2a27c3c0ca06d8a4364cfea26825f22b9eb624?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0fdcf1e7033393d084453b57cb2a27c3c0ca06d8a4364cfea26825f22b9eb624?s=96&d=mm&r=g\",\"caption\":\"Roxana Baiceanu\"},\"description\":\"Roxana is an associate editor with Multi-Housing News and Commercial Property Executive. 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