Cawley Insights

Redevelopment in Store for Former OfficeMax HQ

Posted by Dan Cawley on Apr 26, 2018 2:17:43 PM

 

5adf66473cf7f_2018_4_24_officemaxhqEver-changing economic factors have left a handful of available office buildings vacant in the suburbs of Chicago. However, Franklin Partners recently purchased the former OfficeMax HQ located in Naperville and plan to redevelop the property. Noted in the article from Bisnow.com is the transformation Franklin Partners hope to achieve, which includes converting the building to a multi-tenant property. Capturing this Chicago style workplace and introducing it in the suburbs should attract more businesses to make the move out of the city. Click here to read the full article at Bisnow.com.

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Topics: Office, aquisition, office real estate

Written by Dan Cawley

A Blog by Cawley Chicago
Understanding & Creating Value as Chicago's Dominant Submarket Specialist.

 

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