Done Deals: Nov 19, 2021

Friday, November 19, 2021

JLL Capital Markets led sales efforts for 4901 Searle Parkway in Skokie, IL

4901 Searle Parkway, Skokie, IL

CHICAGO, IL, Nov. 19, 2021 – JLL Capital Markets announced today that it has closed the sale of 4901 Searle Parkway, a 228,362 rentable-square-foot healthcare building located within The Illinois Science + Technology Park in Skokie, Illinois.

Sam DiFrancesca

JLL represented the seller, American Landmark Properties. The buyer was TopMed Realty, a private equity firm focused on healthcare real estate.

Situated within the 22.6-acre master-planned Illinois Science + Technology Park, 4901 Searle Parkway originally served as the headquarters to pharmaceutical giant G.D. Searle.

Today, following transformative capital improvements and the success of the campus, the property is leased to investment grade and nationally recognized healthcare tenant, NorthShore University HealthSystem.

Patrick Shields

The JLL Capital Markets team representing the seller was led by Sam DiFrancesca, Patrick Shields, Jaime Fink, Jeffrey Bramson, Bruce Miller and Brian Shanfeld.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

Jaime Fink

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

For more news, videos and research resources on JLL, please visit our newsroom.

About American Landmark

American Landmark Properties is a real estate investment group with a 35-year track record of delivering consistently strong returns to its investors.

The company’s acquisition philosophy is to seek and acquire value-add and opportunistic mid-cap office, industrial and multifamily properties in the Midwest and East Coast.

Jeffrey Bramson

Its skills and expertise include syndication, financing, leasing, sales and marketing, repositioning, renovation property/asset management and disposition.

About TopMed Realty

TopMed Realty is a value-oriented private equity firm focused on healthcare real estate. The company seeks properties in growing, high barrier to entry markets, with strong demographics and affiliation with best‐in‐class medical tenants and hospital systems.

CONTACT:

Kristen Murphy

Senior Manager, Public Relations, Investor Services

JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

jll.com

americanlandmark.com.

topmedrealty.com.

Jeffrey Bramson

LOS ANGELES, CA – JLL Capital Markets announced that effective January 1, 2022 it has appointed Senior Managing Directors Jeffrey Bramson and Jeff Sause as co-heads of the Los Angeles Capital Markets group alongside current co-head and Senior Managing Director Bill Fishel.

Bramson, a proven senior leader and office investment sales and advisory professional, will oversee the investment sales and advisory platform for the office while Sause will oversee the debt and equity advisory practice with Fishel.

Current co-head Paul Brindley is relocating in early 2022 to JLL’s Singapore office to lead the firm’s debt business in Asia as Head of Debt Advisory – APAC.

Jeff Sause

“Paul has been a great partner for many years in LA, and we are excited for his next opportunity within the firm,” Fishel said.

“As we look ahead, we’ve decided to double down here in Los Angeles and we are committed to bringing the absolute highest level of service to our clients across the region.”

“As is often the case, one opportunity begets another,” added Kevin MacKenzie, Executive Managing Director, West Region, JLL Capital Markets.

“Bramson’s move to LA coupled with Sause’s promotion are significant steps in JLL’s continued growth in such a vital market.

Bill Fishel

"The current scale and connectivity across our platform and other service lines will benefit tremendously from their added leadership and we are excited to have all three of these leaders come together to continue to capitalize on our current momentum in Southern California.”

A 30-year industry veteran, Bramson currently serves as Senior Managing Director and co-head of the Chicago office of JLL Capital Markets.

He joined HFF in 2005, which was acquired by JLL in 2019. During that time, he has completed more than $13 billion of investment sales and advisory transactions with a primary focus on office properties.

Bramson completed his undergraduate studies at Indiana University Bloomington and holds a Master of Business Administration degree from Gies College of Business at University of Illinois Urbana-Champaign.

Kevin MacKenzie

Currently a Managing Director in the Los Angeles Capital Markets group, Sause has more than 13 years of commercial real estate experience.

He joined HFF in 2011 as an Analyst and has closed more than $8.7 billion in debt and equity advisory transactions, a testament to his deep bench of client relationships.

Since JLL’s acquisition of HFF, he has been instrumental in mentoring the next generation of commercial real estate professionals both inside the company and across Southern California.

Sause graduated from the University of California, Berkeley with a bachelor’s degree in economics.

“I’m looking forward to making the move to Los Angeles, which is the second largest MSA in the U.S.,” Bramson said.

Paul Brindley

“As the most connected intermediary in the country it’s important JLL places an emphasis on building out our full suite of services in the LA area through both veteran and up and coming leaders in the sector.”