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KBS Trades Northbrook Office Complex to Bradford Allen
JLL Capital Markets closed the sale of Edens Corporate Center, a two-building office property located at 630-650 Dundee Rd. in Northbrook, IL, on behalf of KBS. The 188,040-square-foot property traded to Bradford Allen Investment Advisors for an undisclosed sum.
Edens Corporate Center stands four stories tall and consists of 188,040 total rentable square feet. The two buildings were originally built in 1987 and 1988 respectively, and later renovated in 2016-2019.
The JLL Capital Markets team representing the seller was led by senior directors Patrick Shields and Sam DiFrancesca and senior managing directors Jaime Fink, Jeff Bramson and Bruce Miller.
“Edens is a perfect example of a smaller tenant building that has seen its population return to the office, make space decisions and adjust their footprint accordingly,” said Shields. “There will be a great lease-up story here and we can’t wait to watch it unfold.”
- ◦Sale/Acquisition