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› PRESS RELEASE: PCCP, LLC Provides $27.1 Million Senior Loan to a Transwestern Partnership to Acquire 299,792-Square-Foot REO Class A Office Park in Suburban Chicago
PRESS RELEASE: PCCP, LLC Provides $27.1 Million Senior Loan to a Transwestern Partnership to Acquire 299,792-Square-Foot REO Class A Office Park in Suburban Chicago
2013-08-05 17:24:00| National Real Estate Investor
Darcie Giacchetto PCCP, LLC announced today it has provided a $27.1 million senior loan to a joint venture between Transwestern Sponsorship Equity Partners I and Soundview Real Estate Partners to acquire, re-position and lease-up Corridors I & II, a 50.9 percent leased, two-building Class A office park totaling 299,792 square feet. The property is located at 2651 and 2655 Warrenville Rd., in Downers Grove, Illinois within the East/West Corridor submarket of suburban Chicago. read more
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Category:Real Estate