HFF announces sale of One Parkway North in Deerfield, Illinois
CHICAGO, IL – January 10, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of One Parkway North, a 273,934-square-foot, Class A office building in the suburban Chicago community of Deerfield, Illinois.
HFF marketed the property on behalf of the seller, and procured the buyer, One Parkway Partners, an affiliate of H2E, Horn Eichenwald Investments Corp, a Miami-based company.
One Parkway North is located within the TOBY-award winning Parkway North Center, adjacent to the Tri-State Tollway in Chicago’s North Suburban submarket. The core Class A asset is also situated close to two Metra stations connecting One Parkway to the surrounding suburbs, the Chicago CBD, O’Hare International Airport and two other regional airports. Renovated in 2016, the five-story building is 92.7 percent leased and serves as the global headquarters for Essendant. On-site amenities include a fitness center, cafeteria and heated executive parking, which is complemented by the adjacent Marriott Suites.
The HFF investment advisory team representing the seller was led by directors Bryan Rosenberg and Patrick Shields and senior managing directors Jaime Fink, Jeff Bramson and Mark Katz.
Horn Eichenwald Investments Corp. is an independent Registered Investment Advisor (RIA) founded in 1997. The company specializes in providing high net worth clients personalized investment planning.
HFF and its affiliates operate out of 25 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.