CHICAGO-A venture of Oak Brook, IL-based Inland Diversified RealEstate Trust Inc. has purchased an office building measuring105,106 square feet at 887 Deerfield Pkwy. situated in northwestsuburban Buffalo Grove for $20.5 million. A venture that includesPhilip Marrone has sold the building.
Siemens A.G. has leased the office building, and with a renewalfor five years the lease agreement will go up to 2026. Inland hasgenerated $10.2 million by offering its shares and obtained another$10.3 million in loan to purchase the building. For thefull story, go to Crain's Chicago Business.
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