Sentinel Net Lease has paid $28.6 million, or $135.55/sf, for Bannockburn Corporate Center, a 211,000-square-foot office building in Bannockburn, Ill. The Los Angeles investment firm purchased the property from Axial Real Estate Advisors, previously known as Dougherty Real Estate Equity Advisors, ...
The Real Deal Sentinel Net Lease has paid $28.6 million, or $135.55/sf, for Bannockburn Corporate Center, a 211,000-square-foot office building in Bannockburn, Ill. The Los Angeles investment firm purchased the property from Axial Real Estate Advisors, previously known as Dougherty ...
60 percent occupied. The building backed a $23.3 million loan that was securitized through ML-CFC Commercial Mortgage Trust, 2006-4, according to data compiled byTrepp LLC.
Bldg at 3000 Lakeside Dr. is 81.5% occupied with tenants including Mellon Leasing. Financed with credit line.
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..