Opus Development And Principal Asset Management Sell Tollway Corporate Center In North Aurora For $75M, Colliers Brokers The Deal

The Tollway Corporate Center in Aurora, located at 310 Overland Drive and 300 Overland Drive, has been sold in two transactions for a total sale price of $75,000,000. The industrial property consists of two buildings, with a combined total square footage of 648,616. The sale price per square foot is $116. Colliers International represented the seller, a joint venture between Opus Development and Principal Asset Management.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $75,000,000
• Square Footage: 648,616
• Price Per Square Foot: $116
• Address: 310 Overland Drive & 300 Overland Drive
• Market: North Aurora

Jeff Devine and Steve Disse from Colliers International served as the brokers for the transaction. The property was sold to a large financial institution and The Brimel LLC. This sale was a result of the efforts of Colliers International in representing the seller, Opus Development and Principal Asset Management, in the joint venture.