Representative Properties
Click on a link below to view more info.

55 East Monroe — Chicago, IL
1.5 Million-SF, 49-Story Office Building

President’s Plaza — Chicago, IL
810,000-SF Office Complex

Willow-Sanders Property — Cook County, IL
Mixed-Use Development

263 Shuman Boulevard — Naperville, IL
350,000-SF Office Building

International Tower — 8550 W. Bryn Mawr, Chicago, IL
350,000-SF Office Building

Cumberland Centre – 5440 N. Cumberland Ave, Chicago, IL
330,000-SF Office Complex

120 East Liberty Drive, Wheaton, IL
118,000-SF Office Building

2350 Ravine Drive, Glenview, IL
45,000-SF Medical Office Building

CompUSA - 2840 S. Highland Ave, Lombard, IL
25,757-SF Freestanding Retail

8930 Waukegan Road, Morton Grove, IL
45,000-SF Office Building

Other Recent Developments

1850 Enterprise Drive, Westchester, IL - 70,000-SF Office Building
2401 Ravine Drive, Glenview, IL - 80,000-SF Office Building
9000 Waukegan Road, Morton Grove, IL - 125,000-SF Medical Office Building
200 Highland Avenue, Lombard, IL - 60,000-SF Retail Shopping Center

 

International Tower
8550 W. Bryn Mawr, Chicago
300,000-SF Office Building

Opportunity

  • Acquired in 2000
  • Former Central States Pension Funds HQ building
  • Vacant for eight years due to insufficient parking, inadequate capital investment and a soft office market

Result

  • Developed a 700-car, five-story parking structure
  • Fully renovated the property at a total cost of $18 million
  • Negotiated a 99-year ground lease with a hotel developer on a portion of the property adjacent to the new parking struture
  • Sale of the ground lease under the hotel in a separate transaction for a substantial profit
  • Leased the property to more than 90% over a three-year period
  • Refinanced the property with original equity returned to investors