Portfolio
Real Estate
750 N. Commons Drive
Transaction Overview
750 N. Commons Drive is a 205,068 square foot commercial building comprised of 114,278 square feet of office space as well as 90,790 square feet of industrial space located in suburban Chicago. The asset is located within walking distance of a Metra train stop, providing accessibility to the Chicago CBD and surrounding suburbs. The property features an above-market parking ratio of 8 stalls per 1,000 square feet. SRC plans to address current vacancy, reposition the rent roll, and physically upgrade the property.
Key Stats
Location
Chicago, IL
Submarket
Aurora, IL
Square Footage
205,000 SF
Property Type
Class "A" Office/Industrial
Investment Profile
Value-Add
Acquired
Q3 2018
Status
Active investment; repositioning underway