WELLS CORE REIT BUYS FIVE-STORY CHICAGO OFFICE BUILDING

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CHICAGO — Wells Core Office Income REIT has purchased Four Parkway North, a five-story office property in Chicago, for a reported $40.9 million. John Buck Co.'s JBC Fund III was the seller. Built in 1999, the 172,000-square-foot building is located just off of Interstate 94 and the Tri-State Tollway. The property is fully leased to four tenants: CF Industries Holdings, Lundbeck, Randstad Pharma and Amgen USA. Wells Core was self-represented by Peter Mitchell in the transaction.

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