CBRE REALTY TRUST ACQUIRES 99,566-SQUARE-FOOT OFFICE PROPERTY IN ILLINOIS

DEERFIELD, ILL. — CB Richard Ellis Realty Trust has purchased Ten Parkway North, a 99,566-square-foot Class A office property in Deerfield. The three-story property is fully leased to a creditworthy international insurance holding company through January 2020. Ten Parkway North is one of six office buildings that comprise Parkway North Office Park, a more than 1 million-square-foot office park. Amenities for the office park include a fitness center, a daycare facility and walking trails. Ten Parkway North is CBRE Realty Trust's first office building acquisition in the Chicago area. The CBRE Realty Trust team worked with Gary Jaye and his CBRE Investors team to acquire the property. Terms of the acquisition were not released.