HANJIN SHIPPING

GOAL: UPGRADE REGIONAL HEADQUARTERS FOR HANJIN SHIPPING

Hanjin Shipping is a division of Hanjin, one of Korea’s largest companies. The company wanted to upgrade their office space in the O’Hare Corridor to A class space in the Oak Brook corridor. We met with their Midwest principal to evaluate options and develop our market strategy, which included vacating prior to lease expiration in a revenue neutral scenario. This was a complex transaction that involved multiple landlords, tenants and sub-tenant coordination.