Recently renovated Class A office building in one of the wealthiest suburbs in Chicago has 94% occupancy with long-term leases and can provide strong cash-on-cash returns to investors CLEVELAND, OHIO, November 21, 2016 – Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced its acquisition of One Conway (or the “Property”) for $19.35M. The Property is located on North Field Drive in Lake Forest, IL and was purchased from a joint venture between Sam Zell’s Equity Group Investments LLC and Fulcrum Asset Advisors LLC. The Property is 94% occupied to a diverse mix of tenants, and is newly renovated. The highly-amenitized three-story building is a multi-tenant Class A boutique office building comprising 105,000 sf and is located in the affluent Chicago suburb of Lake Forest, Illinois. The asset is strategically located at the four-way interchange of Interstate 94 and Route 60 (Townline Road), within Conway…
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