ROSEMONT, IL (May 15, 2024) – Cresa’s Ed Lowenbaum and Liz Spence represented Littelfuse, Inc. (NASDAQ: LFUS) in its 53,000-square-foot lease at Riverway, a premier, Class A office property located at 6133 N. River Rd. in Rosemont, IL. The industrial technology manufacturing company empowering a sustainable, connected, and safer world, will relocate its corporate headquarters from 54,800 square feet at 8755 W. Higgins Rd. in Chicago to Riverway in late 2024.
“Riverway is a highly amenitized, quality property – perfect for a corporate headquarters,” said Lowenbaum. “We were able to capitalize on market conditions to secure a cost-effective, long-term lease, negotiating aggressively to secure favorable terms that provide stability and value for years to come.”
The new space will be purpose-built to enable enhanced collaboration and access to technology solutions. The move is driven by Littelfuse’s commitment to providing the best possible environment
for its employees to thrive and succeed.
"We are thrilled to make Riverway our new home and believe this move will further strengthen our ability to work together seamlessly to deliver excellence in everything we do,” added Dave Heinzmann, president and CEO of Littelfuse. “The building’s amenities and prime location perfectly align with our commitment to excellence and innovation. The move underscores our dedication to providing an exceptional work environment for our employees and fostering continued growth and success for our business.”
Riverway is an 873,000-square-foot property equipped with a 24/7 fitness center, 190-seat auditorium, three dining options, an on-site daycare, and outdoor seating and walking trails. Strategically situated next to the CTA Blue Line and near Metra’s North Central Line and O’Hare International Airport, it provides unparalleled accessibility and convenience for tenants and visitors alike.
JLL represented building ownership, Adventus US Realty, in the transaction.
“Riverway is a highly amenitized, quality property – perfect for a corporate headquarters,” said Lowenbaum. “We were able to capitalize on market conditions to secure a cost-effective, long-term lease, negotiating aggressively to secure favorable terms that provide stability and value for years to come.”
The new space will be purpose-built to enable enhanced collaboration and access to technology solutions. The move is driven by Littelfuse’s commitment to providing the best possible environment
for its employees to thrive and succeed.
"We are thrilled to make Riverway our new home and believe this move will further strengthen our ability to work together seamlessly to deliver excellence in everything we do,” added Dave Heinzmann, president and CEO of Littelfuse. “The building’s amenities and prime location perfectly align with our commitment to excellence and innovation. The move underscores our dedication to providing an exceptional work environment for our employees and fostering continued growth and success for our business.”
Riverway is an 873,000-square-foot property equipped with a 24/7 fitness center, 190-seat auditorium, three dining options, an on-site daycare, and outdoor seating and walking trails. Strategically situated next to the CTA Blue Line and near Metra’s North Central Line and O’Hare International Airport, it provides unparalleled accessibility and convenience for tenants and visitors alike.
JLL represented building ownership, Adventus US Realty, in the transaction.