525 West Van Buren

Jones Lang LaSalle (Illinois), L.P. (“JLL”) as the exclusive advisor, presents the opportunity to acquire the 100% fee simple interest in 525 West Van Buren (the “Property”), a 516,385 RSF, 16-story class-A office building located in Chicago’s West Loop. Constructed in 2002, 525 West Van Buren benefits from superior connectivity and accessibility given its prime West Loop location that puts it one block from Union Station and four blocks from Ogilvie Transportation Center, the major commuter train stations linking the city to surrounding suburbs.

At 36% leased with 4.4 years of remaining average lease term (“WALT") with strong recent leasing momentum, the Property provides an investor the opportunity to acquire an office asset at a substantial discount to replacement cost and substantially increase NOI through lease up of 315,000 square feet. Located on the northeast corner of Van Buren and Canal Streets, 525 West Van Buren’s location boasts unrivaled views and transportation advantages linking the Property to talent in both the city center and suburbs. With nearly $12 million of capital invested since 2015, ownership has meticulously maintained and transformed the Property, modernizing building systems and renovating the lobby. Paired with its West Loop location, 525 West Van Buren offers investors the exceptionally rare opportunity to create value through lease up. All inquiries regarding this value-add office asset should be directed to JLL.