• SC Group
  • Menu
  • Home
  • About
    • Our Company
    • Case Studies
  • Services
    • Tenant Services
    • Investor Services
    • Corporate Real Estate Services
  • People
  • Knowledge
    • Case Studies
    • Newsletters
    • White Papers
  • 中文
  • Careers
  • Contact
Home Ono Sokki Technology, Inc.

Ono Sokki Technology, Inc. Addison, IL

Property Type: Flex Space
Project Goals: 12,133 square foot “Blend & Extend” lease transaction.
Professional: Mack Stone

Ono Sokki Technology, Inc. provides leading-edge testing instrumentation products that measure technical performance for a wide array of industries. For 50 years, they have been servicing automotive manufacturers, aerospace and defense, the paper and chemical field, optical and medical equipment users, shipbuilders, etc. After many years at the same location and with 18 months remaining on the lease, contractual rates increases had driven Ono Sokki’s rent to above market. SCGroup Real Estate was retained to implement a creative solution that didn’t involve a move. We worked with their Landlord to negotiate a more affordable rent that took effect immediately (a blend and extend transaction) and agreed upon a lease amendment that extended their tenancy out for a total of 5 years. Savings were significant and a move was avoided.

  • © 2023 SCGroup Real Estate. All Rights Reserved.

Serving the Chicagoland area at:
27 North Green Street, Chicago, IL 60607

Chicago Web Design and Development: Antenna Group