Randolph Street Realty Capital David Scherer The Iroquois Club was developed in 1989 and has had only one previous owner. At the time of its acquisition the class B asset was 81% leased. Similar properties in Naperville have a 96% occupancy rate and the area has a limited new development pipeline. Furthermore, tenants in competing properties typically pay 10% to 15% more. Michael Episcope Randolph Street Realty Capital David Scherer The Iroquois Club was developed in 1989 and has had only one previous owner. At the time of its acquisition the class B asset was 81% leased. Similar properties in Naperville have a 96% occupancy rate and the area has a limited new development pipeline. Furthermore, tenants in competing properties typically pay 10% to 15% more. Michael EpiscopeNOT FOR REPRINT
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