American Landmark Properties Corp. has sold Two TransAm and 750 Warrenville, two class A office assets totaling 212,139 square feet in the prestigious western suburbs of Chicago.
The new owner is RE Development Solutions.
Located at 2 TransAm Plaza Drive in Oakbrook Terrace and 750 Warrenville in Lisle, both properties are positioned within the East/West Corridor submarket of DuPage County. This submarket is an established corporate location with immediate access to two interstates, the Yorktown-Oak Brook retail corridor and the executive housing stock in Oak Brook, Hinsdale, Burr Ridge and Naperville. Two TransAm offers 117,759 square feet of space within a five-story building that is 87.7 percent leased to 18 tenants. Nine tenants reside at the 86.7 percent–leased, four-story, 94,380-square-foot 750 Warrenville property.
“This was a fantastic opportunity to capture strong current cash flow while continuing to add value through lease up and marking in place
