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| Rendering of Planned Corporetum Office Campus VI, Lisle, IL |
(photo by Connor Steinkamp)
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| Jaime Fink |
CHICAGO, IL –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of and arranged
the acquisition bridge financing for Corporetum
Office Campus VI, a two-building office property totaling 168,698 square
feet in the western Chicago suburb of Lisle, Illinois.
HFF marketed the property
on behalf of the seller, Winthrop Liquidation Trust, and procured the buyer,
Center Core Properties, an Evanston, Illinois-based real estate investment firm
that targets opportunistic investments in up-and-coming markets.
Additionally, HFF worked
on behalf of the buyer to secure the three-year bridge loan through Thorofare
Capital that includes a facility for capital improvements and leasing costs.
Corporetum Office Campus
VI is located at 550 and 650 Warrenville Road within the larger Corporetum
Office Campus in Lisle. This location is
adjacent to Interstate 88 near the Interstate 355 interchange and about 25
miles west of downtown Chicago and 25 minutes from both O’Hare International
and Midway Airports.
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| Jeff Bramson |
The four- and five-story buildings are 83.2
percent leased to tenants, including Fairway Mortgage, Primera Engineers, ABM
Janitorial, Circle K and United Health Care.
Amenities at the
two-building campus include a fitness center, conference center, on-site café
and deli, outdoor tenant balconies and 575 surface parking spaces.
The HFF investment sales
team representing the seller comprises Patrick
Shields, Jaime Fink, Jeff Bramson and Bryan Rosenberg.
HFF’s debt placement team
consisted of Trent Niederberger and
Christopher Carroll.
For a
complete copy of the company’s news release, please contact:
Olivia Hennessey
Public Relations
Specialist
HFF | 9 Greenway Plaza, Suite
700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | hfflp.com
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