Chicago Trophy
Commercial Asset
Chicago Trophy Suburban Commercial Asset
In December 2017, we acquired the Central Park of Lisle (CPOL) – a suburban trophy office asset in Chicago, United States – in partnership with Lincoln Property Company, a globally leading property developer and asset manager with over US$ 80bn AUM.
The 693,546 sq. ft. trophy office complex is comprised of two striking ‘Class A’ mid-rise office buildings, two parking decks and adjacent surface lots concentrated at the center of an idyllic 25 acre land parcel fronting Interstate-88. With a five-story atrium lobby and rich marble, granite and mahogany finishes, it is a landmark among the western Chicago business community.
In addition to the two office buildings, the asset includes a land parcel of approximately 7.5 acres situated adjacent to Interstate-88 and the existing CPOL office development. The site’s highly desirable location offers prime visibility from Interstate-88 and is zoned for Office Research & Planned Unit Development.
Investment Features
Strong Partnership
Partnership with strong experienced Asset & Property Managers
Rewarding Lease Terms
Weighted average unexpired lease terms of six years
Exceptional Returns
Strong cash flow stream providing healthy cash distributions to Investors
US$140+
Deal Value ($mn)
c.700k
Square Feet
2
Income Yielding Buildings