The portfolio is a master-planned project developed adjacent tothe University of Illinois by Fox Development Corp., based here,and constructed between 1989 and 2001, says Nussbaum, managingdirector for Transwestern. The Shoppes of Knollwood is an upscaleretail center and the rest of the portfolio consists of officespace. The park has "a lot of high-credit national tenants,"Nussbaum says.

The Shoppes of Knollwood are located at 2131-2151 S Neil St. anda South Building at 2211-2229 S. Neil St. Nussbaum didn't know thebreakdown between office and retail, however, according to FoxDevelopment's website, the retail are of Shoppes of Knollwoodconsists of more than 38,000 sf.

The portfolio has always been well occupied and Nussbaum said hecould not recall the development being less than 96% occupied. "Itis in a market where there is a limited amount of class A officespace and in a market where the class A office space tends to be95% or better occupied," he says. Office tenants include Blue CrossBlue Shield, Allstate, Amdocs and Intel.