Equus Sheds $67M Suburban Chicago Office Asset
ByThe 533,365-square-foot Tallgrass Corporate Center is fully leased, the tenant roster including Ulta Beauty, Presence Health and Quad/Graphics.
Tallgrass Corporate Center, Bolingbrook, Ill.
Chicago—Equus Capital Partners has announced the $67.3 million sale of Tallgrass Corporate Center in Bolingbrook, Ill. Middleton Partners acquired the 533,365-square-foot, Class A office asset, which was fully leased at the time of sale. JLL’s James Postweiler and Peter Harwood represented the seller in the transaction.
Located roughly one mile north of Interstate 55, Tallgrass Corporate Center was acquired by Equus affiliate BPG Investment Partnership VI in 2004. Equus invested approximately $18 million in renovations and turned the former Tellabs headquarters into an award-winning, multi-tenant office complex. The asset is LEED Silver-certified and was awarded Energy Star label in 2009 and 2011-2014 for operating efficiency…
Equus Sheds $67M Suburban Chicago Office Asset
