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WINNETKA, ILL. — New Trier Partners has acquired an office building located at 714-716 Elm St. in Winnetka for an undisclosed amount. The building, which was purchased out of foreclosure, is situated adjacent to the Winnetka Metra train station. It was almost fully occupied at the time of closing. New Trier purchased the property on behalf of New Trier Real Estate Partners II LP, a value-added fund launched by the company more than a year ago. Terms of the transaction were not released.