Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2002
Building Area Net
Land Area Net ()
Occupancy 93.0 %

Asset Description

Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”), as exclusive advisor, presents the opportunity to acquire the fee simple interest in 150 Pierce, (the “Property” or “Opportunity”), a 184,549 rentable square foot ("RSF") office building located within the idyllic Hamilton Lakes Business Park in Itasca. Developed in 2002 by Hamilton Partners with multiple floor configurations allowing the building to accommodate users as small as 1,700 RSF, the 6-story Property is 92% leased to a tenant roster of innovative brands and is anchored by three headquarter tenants, including the corporate headquarters of Jewel Food Stores, Inc, KSA Lighting, and SureStaff. 150 Pierce not only features irreplaceable in-building amenities, including a 2nd floor spec suite program, but also has neighboring access to Hamilton Lake Business Park’s many offerings. Located in tax-friendly DuPage County and adjacent to Interstate 290 and 390 Tollway Interchange, 150 Pierce provides an investor the opportunity to acquire a stabilized, cash flowing asset with headquarter tenancy and irreplaceable connectivity to the Chicago area highways and O'Hare International Airport.

Investment Highlights

  • Durable In-Place Cash Flow via Long-Dated HQ Anchor
  • Prime Connectivity to I-390 & O’Hare International Airport
  • Best in Class Area Amenities within Hamilton Lakes
  • Full Suite of In Building Amenities
  • DuPage County Tax Advantages
  • Discount to Replacement Cost


Last Updated Date: 28 Sep 2022

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Last Updated Date: 28 Sep 2022

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