LINCOLNSHIRE, IL-American Realty Capital Trust Inc., a NewYork-based real estate investment trust, has purchased the AonHewitt headquarters building in Lincolnshire for $148 million. TheREIT paid over $180 per square foot for the office buildingspanning 818,686 square feet at 4 Overlook Point.
Oak Brook-based Retail Properties of America Inc. purchased thesix-story tower in 2005 for about $78.8 million. Aon Hewitt's eastcampus is not part of the deal. Paul Lundstedt of Los Angeles-basedCBRE Inc. brokered the sale. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
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.
