8030 Lamon At The Illinois Science + Technology Park _Property for Sale
8030 Lamon At The Illinois Science + Technology Park _Property for Sale
8030 Lamon Ave, Skokie, IL, 60077-5308, US

8030 Lamon At The Illinois Science + Technology Park

Asset Description

Jones Lang LaSalle Americas (Illinois), L.P. ("JLL"), in conjunction with RI Marketplace, is pleased to exclusively offer for sale the fee simple interest in 8030 Lamon (the "Property"). Located within the first ring, infill suburb of Skokie, Illinois, situated within the prestigious 22.6-acre masterplanned Illinois Science + Technology Park ("IS+TP", "the Park"), the Property consists of the trophy quality, newly redeveloped, 135,851 RSF, 8030 Lamon building, as well as the adjacent land parcel, 8031 Niles Ave, which has been designated for additional planned surface or structured parking, as necessary.


Completed in 2022, the $20.4 million redevelopment of 8030 Lamon was imagined by Cannon Design and features an entirely re-skinned glass curtain wall, a newly installed roofing system, new elevators, as well as trophy quality lobby, tenant lounge, conference, and common area finishes. Suite 110 provides a fully furnished 4,100 RSF wet lab spec suite. All other tenant spaces are delivered in cold shell condition.


Zoned for a variety of uses including wet lab, cGMP, office, and collaboration spaces, 8030 Lamon is well positioned to benefit from growing tenant demand within the surrounding 96% leased Illinois Science + Technology Park providing an investor with lucrative upside potential at a substantial discount to replacement cost.

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Attributes

Rentable area
12,621 m²
Year built
2022
Number of floors
3
Land area gross
1.27 ha

Media

Investment Highlights

  • Brand New Trophy Quality $20.4 million Redevelopment at Substantial Discount to Replacement Cost


  • Unique Developer Friendly Zoning Permits a Variety of Uses


  • Established Infrastructure and a Long History of Public-Private Partnership


  • Availability of Valuable Financial Incentives Including 7(b) Tax Abatements
8030 Lamon At The Illinois Science + Technology Park  4_Property for Sale
8030 Lamon At The Illinois Science + Technology Park  4_Property for Sale

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8030 Lamon At The Illinois Science + Technology Park (0 Properties)

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Last updated
18 Sep 2024