Two TransAm Plaza

Oak Brook, Illinois

118,000 SQUARE FEET

5 STORIES

  • ASSET CLASS: Class A Office
  • IRR: 24.7% (Projected)
  • MULTIPLE: 3.0x (Projected)
  • TOTAL EQUITY: $3,989,745

Two TransAm Plaza is a 118,000-square-foot office building located in the highly desirable I-88 East-West Corridor submarket of Chicago. The property was purchased in 2014 for $7,775,000 with a loan of $5,831,250. At the time of purchase, the property was 50% leased. American Landmark completed an extensive renovation of the lobby and common areas to support its lease-up of the property.  Occupancy was increased to 80% within America Landmark’s first year of ownership. American Landmark’s activities include acquisition, syndication, leasing and management.

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