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Hamilton Partners

The city of Itasca, as well as its surrounding cities, has seen a major surge of growth over the past decade or so. Open land is quickly being developed throughout the extensive Chicagoland area. Springing up are office buildings and parks, strip malls, hotels, apartments and more.

One commercial real estate leader in the Metropolitan Chicago area is Hamilton Partners, Inc., a privately owned firm specializing in superior real estate development. Comprised of many diverse clients, the company invests in and develops top-quality commercial real estate, which includes office, industrial, retail and apartment projects.

Headquartered in Itasca, with regional offices in Buffalo Grove and Downers Grove, as well as 15 management offices throughout the Chicago area, the Hamilton Partners entity grew out of the Dallas-based Trammell Crow Company (TCC). Its four founding fathers worked as an extremely prosperous development and operating team at TCC for years, establishing properties totaling more than 20 million square feet throughout Chicago, Detroit, Milwaukee and Minneapolis up until the founding of Hamilton Partners.

The business established itself in 1988, and has since obtained premier properties accumulating to more than 17 million square feet. Using their ample knowledge regarding real estate development, founder Allan Hamilton and co-founders Ron Lunt, John Wauterlek and Jim Sheridan set out to create a reputable business, providing clients with the best-quality real estate development.

The Office Division of Hamilton Partners is committed to building comfortable and secure office environments for numerous diverse businesses. The Industrial Division is devoted to constructing business parks and distribution centers. Hamilton Partner’s Retail Division creates innovative, accessible and engaging shopping areas, located in the most exclusive sites, designed to draw the crowds in. The company not only develops upscale real estate in the Chicagoland area, but also develops industrial, office, retail and residential properties throughout the Salt Lake City region.

Hamilton Partners’ portfolio is worth nearly $3 billion, which includes the sales at Trammell Crow Company, and is comprised of numerous extensive properties in and around Chicago. The substantial portfolio is composed of many diverse business park developments. Itasca business parks include:

Hamilton Lakes – a 300-acre park comprised of 7.5 million square-feet of development, including a 400-room hotel and expansive office buildings. Parkside at Hamilton Lakes – a 45-acre developed site that includes vast office buildings and an AmeriSuites Hotel.

Hamilton Partners also works with clients on customizing buildings, tailoring to their specific needs. These built-to-suit developments in the Itasca community include: Liberty Mutual Insurance – a 97,000 square-foot regional office building development. Canon Regional Offices – a 70,000 square foot regional office building development. Cendant Corporation – a 110,000 square-foot office building development now used as the Midas Corporate Headquarters.

“We have been working on the Itasca project since 1972,” Ron Lunt, co-founder of Hamilton Partners, said. “There is still about four million square feet of land that we plan to develop in the area. We are not only looking to construct office buildings, but also to incorporate more restaurants and retail space.” Hamilton Partners works closely with the Village of Itasca in many endeavors and strives to continue to provide high-quality developments in the area in the years to come.