A Chicago-based investor has acquired an Oak Brook office building and hired CBRE to handle leasing for the property.
Pillar Properties LLC sold the 214,000-square-foot property at 2625 Butterfield Road. The 82% occupied building, which boosts the buyer’s national portfolio to 1.5 million square feet, will have new HVAC units installed, reported the Chicago Business Journal.
Matt Tarshis with Frontline Real Estate Partners represented the seller and buyer in the transaction. The office building features a fully updated conference center and a fitness facility. Located near Oakbrook Center and Yorktown Center, it offers convenient access to I-88 and I-355, this location offers an array of dining options, from quick bites to upscale restaurants, as well as several full-service hotels. Enjoy an exceptional mix of amenities and accessibility.
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