HFF closes sale of and arranges financing for Sysmex Corporate Center in Lincolnshire, IL

CHICAGO, IL – HFF announced today that it has closed the sale of and arranged financing for Sysmex Corporate Center (top left photo), a 162,739-square-foot, triple-net leased office property in Lincolnshire, Illinois.

HFF marketed the property on behalf of the sellers, Bridge Development Company, LLC and Globe Corporation. An affiliate of Cole Real Estate Investments purchased the property for $49.7 million cash, free and clear of existing debt.

 HFF also arranged a $22.5 million, fixed-rate financing through a national life company lender on behalf of the buyer.

Completed in 2010, Sysmex Corporate Center is a four-story, Class A, LEED Gold office property that is 100 percent, triple-net leased to Sysmex American, Inc. as its North and South American headquarters.

The lease is guaranteed by Sysmex Corporation, a Japan-based company that is principally engaged in the health care business and is publicly traded on the Tokyo Stock Exchange (TYO: 6869.T).

The HFF investment sales team representing the seller was led by senior managing directors Jeff Bramson (lower right photo)  and Jaime Fink along with director Mark Katz.

HFF’s debt placement team representing the borrower was led by senior managing director Kevin Mackenzie and managing director Stephen Skok.

For a complete copy of the company’s news release, please contact:

KRISTEN M. MURPHY
HFF Associate Director, Marketing
(713) 852-3500
krmurphy@hfflp.com

www.bridgedev.com
www.globecor.com