The one-story, 14,000-sf building is 100% occupied and islocated at the intersection of Interstate 17 and the Loop 101Freeway, says Cindy Talmadge, of RREEF's Chicago office.
"It is an excellent location," Talmadge tells GlobeSt.com. "It'sa growth area."
Talmadge wouldn't disclose the price paid to the seller, aprivate partnership known as Orsett 101 LLC. But the deal is alatest in a string of acquisitions that RREEF has made in theSouthwest and on the West Coast.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
