Core Acquisitions to Complete $7M Renovation of Office Building in Schaumburg, Illinois

SCHAUMBURG, ILL. — Core Acquisitions has unveiled plans to complete a $7 million renovation of Chatham Centre in Schaumburg. The 10-story, 205,000-square-foot office building is located at 1901 N. Roselle Road. Core plans to upgrade the lobby and outdoor terrace spaces, enhance the onsite food service operations and complete tenant build-outs. The lobby will feature a bleacher-style seating area where employees can work, eat or socialize. Construction of the new improvements is scheduled to begin immediately and be completed by year-end. Chatham Centre is currently 70 percent leased. Colliers International is the leasing agent and property manager. D+K Architects is the design and architecture firm. Core financed its acquisition of the property with New York-based Prime Finance.