Press Release

CBRE to Market +/- 85 Acres of Corporate Campus in Naperville for Development Opportunities

29 6 2018

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CHICAGO – June 29, 2018 – BP recently announced plans to redevelop and modernize its research and development facilities on its corporate campus in Naperville, Ill. Efficiencies generated by BP’s improvements to the Naperville location allow the company to offer +/-85 acres of the historic campus for development opportunities.
 
As part of this process, CBRE has been retained by the company to list the available acreage for potential development. David Justh, David Prell and Jeff Kapcheck of CBRE will assist in the disposition and strategy development of the excess acreage and buildings.
 
Strategically located between the Naperville and Winfield Road interchanges along I-88, with over one mile of tollway frontage, the offering is the largest available development site in the entire west suburban marketplace.

“This is a rare opportunity for a developer or multiple developers to acquire a prime location in one of the region’s most dynamic areas,” said CBRE’s Justh. “The demographics surrounding the campus in the western suburbs are incredibly strong, with a very large residential base and a deep and talented labor pool. Creative developers will have a wide range of options as the site could support many different uses.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.