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Marquette JV Trades Luxury Apartments in Lombard
JLL Capital Markets announced that it has closed the sale of City View at the Highlands, a 403-unit, luxury, value-add, mid-rise apartment building in the DuPage County suburb of Lombard, IL Terms of the sale weren’t disclosed.
JLL represented the sellers, a joint venture between Marquette Companies and an institutional partner. Torchlight Investors, LLC acquired the asset. The Hayman Company will provide leasing and property management services.
The JLL Capital Markets team representing the seller was led by senior director Kevin Girard, senior managing director Marty O’Connell and executive managing director Matthew Lawton.
Situated at 2720 S. Highland Ave. and spanning five acres, the transit-oriented City View at the Highlands is adjacent to Butterfield Road and two major expressways, I-88 and I-355, leading to both of Chicago’s international airports, the Chicago CBD, the surrounding suburbs’ area amenities and top employment centers.
- ◦Sale/Acquisition


