Jul
30
Center Core Buys Chicago-Area Office Campus
ByHFF closed on the transaction of Corporetum Office Campus VI, a two-building asset located West of Chicago in Lisle, Ill. It also secured a financing loan of $9.5 million for the buyer.
Center Core Properties is the new owner of Corporetum Office Campus VI, a two-building portfolio part of the larger Corporetum Office Campus in Lisle, Ill. Winthrop Liquidation Trust, the previous owner, tapped HFF to market the 168,698-square-foot asset, which is part of the company’s liquidation plan.
HFF succeeded not only in finding a buyer but also in procuring a three-year $9.5 million acquisition bridge loan originated by Thorofare Capital…