31W280 Diehl Road, Naperville, IL
Project Size: 35,000 SF
Project Type: Acquisition Multi-tenant Flex
Opportunity: Midwest acquired the property which at the time was encumbered by short-term gross leases that were below market.
Value Added:
- Converted leases from gross to net and extended tenants’ lease terms
- Rehabbed units as leases rolled
- Re-leased rehabbed space with quality tenants
- Refinanced with life insurance company upon stabilization