Ten Parkway North, Deerfield, IL
DEERFIELD, IL—Core Acquisitions has acquired Ten North Parkway, within the prestigious Parkway North Office Park of Deerfield, IL, in north suburban Chicago from Gramercy Property Trust, an affiliate of Blackstone, for $6.75 million.
Ten North Parkway is a three-story, 100,000-square-foot office building that is currently 100 percent leased to Markel Corporation. The Parkway North Office Park is strategically located immediately west of I-294, east of Saunders Road and south of Deerfield Road.
“We see Ten Parkway North as a classic value-add opportunity: the building hasn't been updated in nearly 20 years, and with the right design, construction and commitment of capital, can be renovated and repositioned to offer a competitively priced alternative in the class A North Suburban marketplace,” says Bradley Joseph, a principal at Core Acquisitions. “It is in a great location with proximity to multiple interstates and public transportation, strong talent pool for employers, and complimentary businesses in a prestigious North Suburban office park full of amenities.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
