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Sales surrounding Oakbrook Center heat up in the third quarter

  1. 1. Chicago – Suburban Chart of the week: October 31, 2016 Source: JLL Research Sales surrounding Oakbrook Center heat up in the third quarter • Seven major sales totaling over $301.0 million have occurred within 2 miles of Oakbrook Center in the third quarter. • Investors’ interest in suburban mixed-use centers remains strong, as companies target these amenity rich buildings for recruiting and retention purposes. • Will these mixed-use centers of influence continue to gain popularity as the first wave of millennials looks to maintain urban convenience while also targeting suburban schools for their children? 2 3 4 1 7 2016 Sales and Prices (in ‘000s) 1. Oakbrook Terrace Corp. Ctr. III – N/A 2. Oak Brook Place – $24,000 3. Parkview Plaza – $47,500 4. Mid America Plaza – $78,000 5. Citibank Office Plaza – $18,000 6. Commerce Plaza – $124,150 7. Oak Brook Business Center – $10,100 6 5 Oakbrook Center

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