Mid America Plaza

Jones Lang LaSalle (Illinois), L.P. (“JLL”) has been exclusively retained to arrange the sale of Mid America Plaza (the “Property” or “Mid America”), an exceptionally well-located trophy suburban office complex benefiting from a DuPage County address. With nearly $17.7 million of capital invested into the Property since 2016, Mid America is uniquely positioned to take advantage of the ongoing flight to quality as a true best-of-the-best asset offering tenants reimagined contemporary lobbies, amenities, on-site dining options, as-well-as efficient back-of-house systems including modernized elevators and HVAC upgrades. In addition to the Property's highly desirable onsite amenities and dining options that include Chicago institution and long-term tenant Ditka's, Mid America is conveniently situated across the street from Oakbrook Center, one of the best open-air malls nationally, fully occupied, and attracting over 50,000 visitors daily. Since January 2024, the Property has secured approximately 117,000 RSF (28% in total area) in combined new leases and renewals, capitalizing on the Property's unique location and recent capital investments. The Property is currently 87% leased to a highly diverse tenant roster including Graycor Services, BCS Financial, and International Contractors headquarters. Mid America offers durable cash flow by delivering over 8 years of weighted average remaining lease term for the largest tenants including Graycor Services, BCS Financial, Venture X, Crowe, ICI, and Mike Ditka's Restaurant, who all recently renewed their leases in 2021-2025. The Property also offers meaningful NOI growth from the lease-up of the highly attractive remaining vacancy, including spec and whitebox office suites with a total area over 31,000 RSF specified on the Stacking plans of the current Offering Memorandum. The Offering presents the extremely rare opportunity to acquire uniquely located trophy office complex at a significant discount to replacement costs.