KBS has sold Edens Corporate Center, a two-building office property located at 630–650 Dundee Rd. in Northbrook, Ill.
The sales price was not disclosed; however, the new owner is Bradford Allen Investment Advisors.
Edens Corporate Center stands four stories tall and consists of 188,040 total rentable square feet. The two buildings were originally built in 1987 and 1988, respectively, and later renovated in 2016–2019. The property features various amenities, including heated parking, outdoor terrace space, a café, a fitness center, a yoga room and a bike room.
The property is positioned in one of the most affluent and attractive communities in the northern Chicago suburbs, also known as the North Shore. The area quickly embraced the migration of millennials to the suburbs, who consist of one of the largest segments of the workforce today, and benefits from exceptionally strong demographics with average household income surpassing the national average.
