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Golub Caps Off Oak Brook Redevelopment

CHICAGO—The addition of a new steakhouse completes the two-year effort to transform a 1960s-era suburban property into a modern office complex.

chi-OakBrook22 (2) In less than two years, Chicago-based Golub Co. has renovated and updated the Oak Brook complex now known as Oakbrook 22.

CHICAGO—Chicago-based Golub & Co. and its Boston-based partner Alcion Ventures bought Oak Brook Executive Plaza in 2014, changed its name to Oakbrook 22, and began adding the types of amenities that modern office users now demand. And yesterday, the international real estate investment and development firm announced that Cornerstone Restaurant Group will open a new 8,500-square-foot Michael Jordan’s Steakhouse in the summer of 2017 at Oakbrook 22.

Golub officials say this addition caps off the redevelopment of the 389,000-square-foot office complex on W. 22nd St. in west suburban Oak Brook. Along the way, a CBRE leasing team of Pete Adamo, Bill Elwood and Tara Torbik completed more than 22 lease renewals and 13 new office leases, bringing the occupancy up to 95%.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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