MiSUMi USA to Relocate Headquarters to Schaumburg Corporate Center
MiSUMi USA plans to take occupancy of its new space in June of this year. The firm is relocating from 1717 Penny Lane in Schaumburg, where it currently leases 32,000 square feet.
SCHAUMBURG, IL—MiSUMi USA is relocating its corporate headquarters operations into nearly 48,000 square feet of space at 1475 E. Woodfield Road in Glenstar’s Schaumburg Corporate Center here.
The firm signed a 47,716-square-foot lease deal at the 1-million-square-foot, three-building, Class A office complex.
Newmark Knight Frank’s senior managing director Paul Buckingham and managing directors Brian Reaney and Matt Frazee represented MiSUMi USA in the transaction. Glenstar’s Dave Trumpy and Bill Saviski represented the building ownership in the transaction.
MiSUMi USA plans to take occupancy of its new space in June of this year. The firm is relocating from 1717 Penny Lane in Schaumburg, where it currently leases 32,000 square feet.
“We are thrilled to be moving our North American headquarters to the beautifully redeveloped Schaumburg Corporate Center,” says VP of human resources for MiSUMi USA Randy Yu. “Glenstar’s investment in the building has created what will be a second-to-none experience for our employees.”
Chicago-based Glenstar, who acquired the asset located adjacent to the Woodfield Mall in 2017 for more than $70 million, has since completed a $30-million redevelopment of the property to include a new 500-car parking garage, a 10,000-square-foot state-of-the-art conference center as well as upgrades to the building’s common corridors, washrooms and elevators. In addition, Glenstar renovated the four-story atrium, fitness center, building lobbies, entrances and canopies at the complex.