
4925 Indiana, Lisle, IL
Project Size: 106,000 SF
Project Type: Acquisition and Major Repositioning of Single-Tenant Building
Opportunity: Midwest acquired the well-located, functional property in a highly desired submarket that had a short-term lease in place along with significant deferred maintenance issues
Value Added:
- Completed all acquisition due diligence in compressed three-week timeframe
- Secured a new long-term corporate headquarters and high-tech manufacturing lease with a credit tenant and minimal occupancy downtime
- Managed the complex design, permitting and construction process for $9 million worth of landlord and tenant improvement work
- Repositioned and modernized the property in the marketplace by installing a new architectural metal entry façade and loading area improvements as well as a new roof system and parking lot