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SCHAUMBURG, ILL. — NAI Hiffman has arranged the lease renewal of a 13,700-square-foot office space in Schaumburg, located in northwest suburban Chicago. Mitsubishi Materials will occupy space at 1300-1320 N. Plum Grove Road. Los Angeles-based Mitsubishi Materials is a manufacturer and supplier of cutting tools for the metalworking industry. Mitsubishi’s Schaumburg location houses the firm’s marketing, sales, and engineering office. The company has been located at its Schaumburg property for more than five years. Michael Flynn and Jason Wurtz of NAI Hiffman represented the landlord, Sun Life Assurance Co. of Canada, in the transaction. Tak O’Haru of White Cube LLC represented Mitsubishi Materials.