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Chicago & Midwest  + Greater Chicagoland  + Office  | 
Rosemont Corporate Center has been acquired by the Village of Rosemont, IL

KORE Investments Sells Rosemont Offices to Municipal Government

Colliers’ Jon Connor and Francis Prock represented KORE Investments in the sale of Rosemont Corporate Center at 9501 technology Blvd. in Rosemont, IL, to the Village of Rosemont for $13 million. The Village plans to renovate the 121,000-square-foot office building before moving municipal employees there in 2023. 

KORE purchased the building from the original developer, Ryan Companies, in 2021 for $6.5 million. As part of its corporate service mission, KORE aspires to give 10% of its profits back to charitable organizations nationally and globally. KORE will direct a percentage of proceeds from this transaction to inner city youth programs like the Chicago Scholarship Foundation and Breakthrough Urban Ministries, among others.  

Mark Offit with Braden Real Estate represented the Village of Rosemont in the transaction.  

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About Paul Bubny

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).

  • ◦Sale/Acquisition