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News release

Chicago, IL.

450-Acre Business Park Gets New Name and New Leasing Agent

West Chicago’s DuPage Business Center emerges with unprecedented power and fiber


CHICAGO, May 25, 2011 — One of the Midwest’s premiere office and industrial parks has a new name. 

DuPage National Technology Park a 450-acre campus located 35 miles west of downtown Chicago in suburban West Chicago, IL — is now known as DuPage Business Center. The new name better reflects the park’s versatility as a first-class business park, zoned to accommodate manufacturing, distribution, light industrial, office, R&D, data centers, medical uses and retail.

Master-developed by Oak Brook, Ill.-based CenterPoint Properties, DuPage Business Center offers fully improved, shovel-ready land parcels ranging in size from 5 to 100 acres available for both sale and lease. 

“We will sell land and we will be very competitive on build-to-suits for sale or lease,” said Len Caldeira, a Managing Director for Jones Lang LaSalle, who is marketing the property on behalf of CenterPoint. “The opportunities at this park are virtually endless.” 

Caldeira said that fully improved land in the park is now available for $3.95 per square foot (or lower for larger parcels), affording businesses the opportunity to capture substantial appreciation from their real estate investments. A wide array of development incentives from the DuPage Airport Authority, the City of West Chicago, DuPage County and the State of Illinois are also available to further enhance such an investment.

In addition, DuPage Business Center features an unprecedented level of abundant and redundant electrical power and data communications infrastructure. The park was built to accommodate technology enterprises and this thoughtful planning will benefit every business that will utilize next-generation power and fiber infrastructure. 

Electrical service is a key infrastructure component of this park with 25 megawatts of power readily available on a reserved and fully redundant basis with the ability to ramp up power to 100 megawatts within 12 months. The park is served at 34kV from both the Aurora and West Chicago ComEd substations. This immediate availability of heavy electrical power is unique to this location and can be tapped at no additional cost to the user, as the utility lines are already on site. In addition, separate 138kV transmission lines are available to the park while an onsite substation is in the planning stages.

The ark also has a private underground redundant fiber loop with both dark and lit fiber for tenant use connected directly and without interruption to diverse Chicago TeraPOPs and Ethernet Exchanges. This redundant fiber network also has two completely diverse entry points in the park and provides 10 GB/second bandwidth (scalable to 100 GB/second). All major telecom carriers are available at the park over existing infrastructure plus AT&T serving as the park’s ILEC. 

The park’s location affords businesses the opportunity to benefit from the many strategic advantages offered by business-friendly DuPage County including low taxes, a strong and diverse labor force and 450 acres of master-planned business park providing significant growth potential. 

The park is also within close proximity of a number of hotels, restaurants, shopping centers, golf courses and other recreational facilities. Ground transportation is supported by easy access to Interstate-88 via Kirk Road and Illinois State Route 59 while air transportation for corporate travelers can be accommodated by the nearby DuPage Airport and its 7,570-foot runway, as well as O’Hare International Airport (just 20 miles to the east). Rail access via multiple industrial rail spurs will also be available soon. A Metra station with commuter rail access to downtown Chicago is nearby in West Chicago.

“The advantages are clear,” said Fred Reynolds, Senior Vice President, CenterPoint Properties. “The infrastructure here at DuPage Business Center is unsurpassed. We encourage businesses to consider joining the hundreds of other companies—including Fortune 500 corporations like McDonald’s, Navistar, Office Max, Lucent, Nalco and Tellabs—who call DuPage County home.” 

About CenterPoint Properties 

CenterPoint is the largest owner, manager and developer of industrial real estate in metropolitan Chicago with 26 branded business parks. With our affiliates, we own and manage more than 34.8 million square feet of customers and have an additional 8,113 acres of land for future development. For more information, please visit our website, www.centerpoint¬prop.com

About Jones Lang LaSalle 

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. For further information, please visit our website,
www.joneslanglasalle.com.