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Mayor Johnson touts Elk Grove Village’s “Beyond Business Friendly” approach to top tier commercial developers at Makers Wanted Bahamas Bowl

Post Date:01/27/2020 3:41 PM

At events focused around the 2019 Makers Wanted Bahamas Bowl last month, Elk Grove Village Mayor Craig Johnson and Brennan Investment Group leaders gathered with some of the region’s top commercial real estate brokers to discuss future potential opportunities for business development in Elk Grove.

At a reception in Nassau, Bahamas, on December 19, Mayor Johnson highlighted several ongoing infrastructure investments, road improvements, significant upgrades to public utilities, the upcoming 5G wireless technology network, tax incentives available to companies seeking to locate in Elk Grove, and his administration’s ongoing efforts to deliver top notch services to businesses. 

“In our second year of this sponsorship, we wanted to take full advantage of this platform to tell our story to some of the most influential business development leaders in the O’Hare region,” said Elk Grove Village Mayor Craig Johnson. “Many of these leaders and their clients already have made a huge impact on the business climate here in Elk Grove, but we’re focused on continuing our growth and solidifying our position as a community that will support business growth first and foremost for the benefit of our residents.”

Brennan Investment Group, the developer behind the $1 billion Elk Grove Village Technology Park, organized and covered all of the expenses related to the event. Additionally, Brennan invited several of the area’s top commercial real estate brokers to the event and to the bowl game.  Among the brokers who participated in the events were Cal Payne and Jack Brennan of CBRE, Matthew Stauber of Colliers International, and Bill Lussow of Bespoke Commercial Real Estate. 

“The support given to the business community from Mayor Johnson and his staff—and his support to those that serve those businesses like the Elk Grove Technology Park—gives businesses the confidence to make long term investments in Elk Grove Village. That is why we took a chance and built the nation's premier industrial park in Elk Grove,” said Michael Brennan, Chairman and Managing Principal of the Brennan Investment Group.  “My guests to the bowl game, the most successful tenant representatives in the Chicago metropolitan area, share that view. Their attendance here is testimony to the fact that Elk Grove has been a great partner to the tenants they have brought to Elk Grove over the years”. 

“Our team is fortunate to represent both users and owners of industrial real estate across the Chicagoland area.” Said Cal Payne of CBRE, “In our work, we have the opportunity to interact with many municipalities and what we have always found in our experiences working with Elk Grove Village is they are very responsive and thoughtful when engaging with industrial business owners.  Their proactive approach to improving public infrastructure to stay ahead of what’s next is attractive to our clients.” 

The Elk Grove Technology Park will feature 1.2 million square feet of available space to accommodate the growing demand in the data center and industrial marketplace. The park is already home to Broetje-Automation, leading expert in specialized production processes in aviation and aerospace, and T5, developer and operator of data centers. Both Brennan and Elk Grove Village officials are optimistic that other technology-based companies will be closing on deals to occupy the park in the months to come.  

“We’re thrilled that Brennan Investment Group saw our sponsorship of the Makers Wanted Bahamas Bowl as an opportunity to showcase our ‘Beyond Business Friendly’ approach to industry leaders,” said Mayor Johnson. “Brennan and the industry leaders we spoke with at the bowl game have played an instrumental role in Elk Grove’s continued growth and prosperity. Now it’s our job to continue the momentum we’ve established in order to best serve our community’s businesses and residents.”

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