Beacon Investment Properties Acquires Park Plaza Office Building

Source:  REJournals.com

Beacon Investment Properties LLC has moved into the Chicago market with a $24 million acquisition of Park Plaza, a 210,774-square-foot Class B+ office building with a 94 percent occupancy in suburban Naperville. A Boston-based institutional real estate advisor was the seller. The acquisition is Beacon’s second foray into the Midwest. In April, the firm, acquired the IDS Center, 57-story office tower and retail complex in downtown Minneapolis, from Inland American of Oak Park for ...

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