CRE Midwest

Hamilton Partners acquires Highland Pointe office complex in Lombard

HIGHLANDPOINT

Hamilton Partners has acquired Highland Pointe, a Class A office complex in Lombard, Illinois, in a joint venture with Bailard and Millbrook Real Estate Company.

Hamilton Partners has acquired Highland Pointe, a Class A office complex in Lombard, Illinois, in a joint venture with Bailard and Millbrook Real Estate Company.

Comprised of two buildings, Highland Point totals 388,000 square feet of premium office space in the E/W Corridor. Ownership is planning a $2.5 million capital improvement program in 2016 which will transform the common areas into a contemporary office environment suited to meet the needs of today’s office space users. These upgrades will focus on replacing the elevators, renovating the lobbies and entryway areas, renovating the parking garage and improving the landscape design.

The complex is currently 88 percent occupied and offers a diverse amenity package including manned security, covered parking, state-of-the-art fitness center, food service, sundry shop, conference center, dry cleaning drop off and on-site property management.