$77.5 Million Non-Performing Office Loan
US - Washington, DC
$77,500,000 | 306,859 sf
Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”) has been retained to sell a 100% fee simple interest in Deer Park I & II (“the Property”, “Portfolio” or “Deer Park”); a highly visible two-asset, 167,077 RSF (property total), Class A office portfolio located in Deer Park, IL. The portfolio is 92% leased and derives income stability from its two largest tenants, Robert Half International (Deer Park I) and the Plexus Groupe (Deer Park II), who have anchored their respective assets since their construction in 2002 and 2007. Situated in the epicenter of the master-planned 230-acre Deer Park Triangle Commercial Business District, the Portfolio has direct access to over 350,000 RSF of retail, shops and restaurants. This unmatched location provides tenants quick access to Route 53 and the Barrington Metra station via Lake Cook Road, a major east west thoroughfare which borders the Development. Further, the Portfolio’s proximity to the communities of Barrington as well as other prestigious suburbs, near the home of many of the Chicago area’s executives and decision makers, makes Deer Park I & II the premier, boutique Class A option in the Northwest suburbs.