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IllinoisOffice

Colliers arranges sale of Lisle office building

September 24, 2020
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Colliers International | Chicago’s Alissa Adler and John Homsher, CCIM, arranged the sale of 2400 Ogden Avenue in Lisle, Illinois, on behalf of an institutional seller to a local investor. Sale price was not disclosed.

Built in 2000, 2400 Ogden Avenue is a 121,000-square-foot office situated on 10 acres. It has more than 500 parking spaces and two loading docks. The property provides easy access to major interstates, including I-88 and I-355. For users seeking a more controlled environment, the building also provides three means of ingress and egress.

At the time of the sale 2400 Ogden Avenue was 71 percent leased to two tenants: ARRIS Solutions, Inc., a global communications technology company, and Automated Logic, a building automation system manufacturer.

“We’ve seen an increased interest in single-story, suburban office buildings since the pandemic began,” said Adler, a senior vice president with Colliers | Chicago. “2400 Ogden’s profile, along with its strong tenant roster, made this an attractive asset even in a tough climate.”

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