The seven buildings will each have about 10,000 sf and will beavailable for both sale and lease. One of the buildings is plannedto be a day care facility. The facilities will have a "prairiestyle look, heavy masonry and a lot of windows in the window line,"he says. The venture expects a strong demand from "small businessowners wanting to own their space in that market," Flannery says.The park is geared towards physicians, lawyers, accountants,insurance firms and other service firms.

Falcon Consulting has already acquired one of the buildings foran undisclosed price. The building for Falcon is under constructionand is expected to be completed in the first quarter of 1008,Flannery says. Joseph Yendrek, with Equitable Realty Group, is theleasing and sales agent for the project.

The joint venture chose Oswego for the development because"there is huge population growth out there," Flannery says. "Also,it is a product type that has not been widely developed out in thatsubmarket." The location is near retail, such as a Panera Bread,and other amenities, Flannery says. Mark Jones, with Jameson RealtyGroup's commercial division, represented the joint venture inacquiring the property from a private individual based in theChicago suburbs, Flannery says.