Franklin Partners, Bixby Acquire Former OfficeMax Headquarters in Suburban Chicago, Plan Redevelopment

NAPERVILLE, ILL. — Franklin Partners, in a joint venture with Bixby Bridge Capital, has purchased the former OfficeMax headquarters at 263 Shuman Blvd. in Naperville with plans to redevelop the property. The 350,000-square-foot vacant office building will be transformed into a multi-tenant building. The main entrance and atrium will be redesigned with a grand staircase. A lower level will feature baristas, a market-style deli, fitness center, co-working lounges and other amenities. Construction is scheduled to begin later this year with completion slated for early 2019. Wright Heerema Architects is the project architect. Francis Prock and David Florent of Colliers International will market the renovated property for lease.