ARLINGTON HEIGHTS, ILLINOIS (June 23, 2021) — Arlington Heights-based Ketone Partners has closed on the acquisition of the former AT&T call center property located at 44 South Vail Avenue in Arlington Heights, Illinois. Redevelopment planning for the approximately 54,000 square foot building is underway and includes exterior façade improvements, interior renovations and replacement of the building mechanical systems. Construction of the improvements is planned for the summer of 2021.
The property is located two blocks from the Downtown Arlington Heights Metra Train Station and adjacent to the Vail Avenue Public Parking Garage. Upon completion of the renovations, it will offer tenants a shared reception, showers, locker rooms and meeting rooms. Ketone expects to commence operations in January 2022.
“As COVID-19 forced the country to rethink the way we work and live, businesses began seeking out customizable work spaces that maximize efficiency and promote flexibility,” said Jennifer Wagner, Vice President of Development at Ketone Partners. “We intend to utilize the renovated facility with a combination of co-working offices, office suites ranging from 1,000 square feet up to 18,000 square feet and studio space. Our vision for this mixed-use project includes bringing daytime population to downtown Arlington Heights and providing a comfortable and safe work environment with walkable access to more than 30 restaurants, bars and entertainment venues.``
For information, contact Kyle Schuhmacher at 847-924-0485 or email@example.com
About Ketone Partners
Ketone Partners, LLC is a full-service real estate development, management and advisory company with national experience in the acquisition, development and management of commercial & agricultural properties. Using its individual, professional and proven real estate development experience, Ketone maximizes the financial returns of projects by actively managing the real estate planning, permitting, bidding, financing and construction process. For more information, visit www.ketonepartners.com.