HFF closes sale of two suburban Chicago multi-housing properties

Camden at Bloomingdale Apartments,
Bloomingdale, IL

CHICAGO, IL – HFF announced today that it has closed the sale of Camden at Bloomingdale and Stratford Place, two Class A garden-style apartment communities in Bloomingdale, Illinois. 

HFF marketed the properties on behalf of the seller, LaSalle Investment Management.  Friedkin Realty Corporation and Jackson Square Properties purchased both assets on a free and clear of existing debt basis.

Marty O'Connell

Camden at Bloomingdale is located at 348 Glenwood Drive near the intersection of West Schick Road and Gary Avenue. 

Stratford Place is located approximately one-half mile to the southeast of Camden at Bloomingdale at 232 Butterfield Drive.

Matthew Lawton

Both completed in 1991, the properties are comprised of one-, two- and three-bedroom units averaging more than 900 square feet. 

The communities have both been partially upgraded and provide amenities such as clubhouses, fitness centers, business centers, outdoor swimming pools, tennis courts, sand volleyball courts, jogging trails and dog runs.

Sean Fogarty

The HFF investment sales team representing the seller was led by managing director Marty O’Connell, executive managing director Matthew Lawton and managing director Sean Fogarty. 

Contact:

Kristen M. Murphy

Associate Director

HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046

tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com

krmurphy@hfflp.com