NAPERVILLE, IL-TransGuard Insurance Co. of America Inc., which had been a subsidiary of Sirva Inc., is moving out of Sirva’s headquarters in Westmont, and into 26,255 sf at 215 Shuman Blvd. here. TransGuard is a provider of insurance services to moving agents, small truck fleets and owner operators. The firm was sold to IAT Reinsurance Co. Ltd. in January.

The company is scheduled to move into the Naperville location in June. Since they were previously a division of and sharing space with Sirva, it is not known exactly how much space they were occupying in Westmont, but they will be increasing their space by approximately 20%, says Marilyn Lissner, executive director with Cushman & Wakefield. The term of the lease is “a little more than 10 years,” Lissner says. Lissner would not disclose the lease rate, but the average direct leasing rate for similar class A buildings in the area is $20.99 per sf.

TransGuard chose 15 Shuman Blvd., in part, because the Naperville location was more convenient for their employees, Lissner says. “They liked this building. They liked the layout [and] they liked the quality,” she says. Additionally, the company liked the amenities of the building such as underground parking, a cafeteria and a 24-hour security desk in the lobby, she says.

With this lease, the 209,344-sf building is now fully occupied. Other tenants in the building include Berkley Underwriting Partners LLC and Areva NP Inc. Lissner, Susan Rosen and Steve Vander Klok, all with Cushman & Wakefield, represented TransGuard in the transaction. Jeff Mann, with CB Richard Ellis, represented landlord TA Realty.

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