Hines’ Oak Brook Commons Multifamily Reaches Leasing Milestone
Hines’ One Oak Brook Commons, a new, luxury rental community, has surpassed the 50% leased milestone. The upscale 17-story, 250-unit apartment building is located at 2150 McDonald Dr. in downtown Oak Brook, IL and offers studio to three-bedroom penthouse floor plans.
“We have been thrilled with the market’s reaction to One Oak Brook Commons. The unit finishes and community amenities have set a new standard in the area for luxury apartments,” said David Bach, managing director at Hines. “The building also offers direct walkability to Oakbrook Center’s premier dining and shopping, as well as easy access to top-tier golf courses, parks, polo fields, and employment centers.”
The team responsible for bringing One Oak Brooks Commons to market is composed of the development team at Hines, management support from Willowick Residential, as well as leasing and marketing expertise from Luxury Living Chicago Realty.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).