(Read more on the TICmarket.)
EVANSTON, IL-Triple Net Properties LLS, based in Santa Ana, CA,has acquired the Church Street Office Center at 1007 Church St. Theacquisition was made on behalf of tenant-in-common investors.Triple Net purchased the property from Chicago-based Church StreetOffice Center, which will be retained to manage the building, saysDan Prosky, managing director for healthcare properties.
The sales price was not disclosed; however, similar buildingshave sold for about $16 million. The buyer was represented by JeffFrankel, with NorthMarq Capital.
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