Corporate 500 is a rare opportunity to acquire the leasehold interest in a premier, institutional-grade office campus encompassing approximately 700,000 SF across four buildings. Situated on 31± park-like AC in Deerfield, Illinois, this offering provides investors and users with control of the existing building improvements and benefits of the related operating upside within one of the North Shore’s most established and desirable suburban office markets.
Designed by Shaw & Associates, this campus offers a downtown-quality office experience in a suburban setting, combining professional building design, expansive common areas, abundant underground and surface parking, onsite amenities and outdoor gathering spaces. Currently 72% leased to a diversified roster of 37 tenants, the asset combines durable in-place income with compelling upside potential. A weighted average lease term (WALT) of approximately 5.9 years provides income stability, while nearly 197,000± SF of available space offers a significant value-add lease-up opportunity.
The qualified bid deadline is September 24. On-site inspections by appointment only.
Hilco Global and First Financial Network in cooperation with Jeff Azuse, IL Broker, Lic. #471.011086.