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Suburban Chicago Office Tower Strengthens Comeback After Selling at Steep Discount

AIT Worldwide Logistics Leases 56,808 Square Feet for Headquarters in Itasca, Illinois
AIT Worldwide Logistics is moving its headquarters to Two Pierce Place in Itasca, Illinois, at left. (Newmark)
AIT Worldwide Logistics is moving its headquarters to Two Pierce Place in Itasca, Illinois, at left. (Newmark)
CoStar News
January 30, 2023 | 9:53 P.M.

A logistics company has signed one of the largest office leases in the Chicago suburbs in the past year. The lease comes about a year after an investor scooped up the 25-story tower at a steep discount to the property’s previous sale price.

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