DEERFIELD, ILL.–Wells Core Office Income REIT (Wells Core REIT) has acquired Four Parkway North, a five-story, Class-A office property in Deerfield in the Central North submarket of Chicago. Wells Core REIT acquired the property from The John Buck Company’s JBC Fund III.
Wells was represented internally by Peter Mitchell, senior vice president, capital markets.
The 172,000-sq.-ft. property, built in 1999, is situated off of I-94 and the Tri-State Tollway, offering easy access to I-294, Chicago’s Loop, and O’Hare International Airport. The building is fully leased to four tenants.