Property details
Net Lease
Office
Joint Venture
2012
Syndicated invested alongside White Oak Realty Partners in the acquisition of CVS Caremark Tower, a 172,500 square foot, Class A office building located in Northbrook, Illinois, approximately 20 minutes north of downtown Chicago.
Property details
Net Lease
Parking
Tenancy-In-Common (TIC)
2011
An 8,758 square foot surface parking lot leased to Walgreens (S&P: BBB), who operates a store on the adjacent parcel. Walgreens had initially planned for 35 parking spaces, which ultimately proved inadequate to serve its high volume of customers. The adjacent lot, which features a small retail building, was acquired and converted to its current use to provide an additional 27 parking spaces.
Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.
Property details
Value Add
Office
Joint Venture
2011
Syndicated invested alongside Hamilton Partners in two Class A, LEED Gold certified office buildings, One Pierce Place and 500 Park Blvd., situated in the 278-acre Hamilton Lakes office park in suburban Chicago. Both properties were built during the 1980s but underwent a modernization between 2006 and 2011.
Property details
Net Lease
Office
LLC
2011
SSA Fort Smith is a one-story, 15,079 square foot building that was constructed in 2010 as a built-to-suit for the GSA and occupied by the Social Security Administration.
Property details
Net Lease
Office
Tenancy-In-Common (TIC)
2011
SSA Aurora is a one-story, 15,079 square foot building that was constructed in 2010 as a built-to-suit for the GSA and occupied by the Social Security Administration.
