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Colliers Arranges Sale of Oak Brook Office Building to Ashley Capital

Colliers’ Office Capital Markets team of Alissa Adler and John Homsher, CCIM, has arranged the sale of 2001 York Road in Oak Brook, Illinois, to Ashley Capital in an all-cash acquisition.

Ashley Capital, a privately held industrial real estate investment and development firm, plans to relocate its Chicago office to the property later this year. Colliers, serving as the court-appointed receiver, property manager, and leasing agent, represented the lender, Varde Partners, in the disposition. Francis Prock and David Florent of Colliers negotiated the sale on behalf of the seller and have been retained as exclusive leasing agents for the property. Colliers will also stay on as property manager.

The 183,428-square-foot, Class A office building offers amenities including a covered parking deck with heated underground access, an on-site café, conference facilities, a tenant lounge, a fitness center, and EV charging stations.

“We’re constantly looking for value-add opportunities in dynamic submarkets—places where thoughtful investment and strategic upgrades can unlock long-term potential,” said Ashley Capital Vice President Chris Rubacha.”

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.