Green Oaks Flex Buildings

Green Oaks, Illinois

Details

  • Address 14100 & 14101 West Lambs Lane
    Green Oaks, Illinois
  • Property Type Industrial
  • Purchased-SoldNovember 2009-January 2018
  • Investor IRR34.00%MOIC13.96

These two industrial buildings were purchased in November 2009 from Citibank, N.A. with 20% occupancy at closing. Within one year, Ravine Park Partners renovated and repositioned this asset increasing occupancy to 100%. After one year, the south property was sold, and the north property was retained, leased and managed until January 2018.

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