Slate Office REIT Acquires Office Property In Lake Forest, IL From Pfizer For $19.8M

An office property located at 275 North Field Drive in Lake Forest, IL is currently under contract. The property, with a total area of 197,500 square feet, was listed for sale by Pfizer. Slate Office REIT, represented by Steve Hodgson, is the buyer in this transaction. The agreed upon price for the property is $19,800,000, resulting in a price per square foot of $100.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $19,800,000
• Address: 275 North Field Drive, Lake Forest, IL
• Market: Lake Forest, IL
• Buyer: Slate Office REIT - Steve Hodgson
• Seller: Pfizer
• Total Square Footage: 197,500
• Price per Square Foot: $100

Steve Hodgson, representing Slate Office REIT, is the buyer in this transaction. The seller, Pfizer, has agreed to sell the office property located at 275 North Field Drive in Lake Forest, IL for a total price of $19,800,000.