- 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.