Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Lisle Offices Trade to Local Investor
Colliers International | Chicago’s Alissa Adler and John Homsher, CCIM, arranged the sale of 2400 Ogden Ave. in Lisle, IL, on behalf of an institutional seller to a local investor. The sale price was not disclosed.
Built in 2000, 2400 Ogden Ave. is a 121,000-square-foot office situated on 10.39 acres. The property provides easy access to major interstates, including I-88 and I-355. For users seeking a more controlled environment, the building also provides three means of ingress and egress.
At the time of sale, 2400 Ogden was 71% leased to two tenants: ARRIS Solutions, Inc., a global communications technology company, and Automated Logic, a building automation system manufacturer.
“We’ve seen an increased interest in single-story, suburban office buildings since the pandemic began,” said Adler, SVP with Colliers | Chicago. “2400 Ogden’s profile, along with its strong tenant roster, made this an attractive asset even in a tough climate.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
