31W280 Diehl Road, Naperville, IL

Project Size: 35,000 SF

Project Type: Acquisition Multi-tenant Flex

Opportunity: Midwest acquired the property which at the time was encumbered by short-term gross leases that were below market.

Value Added:

  • Converted leases from gross to net and extended tenants’ lease terms
  • Rehabbed units as leases rolled
  • Re-leased rehabbed space with quality tenants
  • Refinanced with life insurance company upon stabilization