Renovated Suburban Offices A Top Target For Buyers

The suburban properties which do the best are typically larger assets that are well-capitalized and have top-flight amenities.

CHICAGO—Another renovated suburban office complex has changed hands, one of several to do so recently as properties that once struggled now fill up with tenants and attract investor interest. CT Acquisitions, LLC, a partnership between Philadelphia-based Rubenstein Partners and Chicago-based GlenStar, has acquired Continental Towers, a 911,341-square-foot campus located in Rolling Meadows, IL, for $121.5 million.

Source: globest.com