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Greenstone Partners Brokers $6.4M Sale Of Office Property In Naperville To Dallas Partnership

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SOLD
Arjav (AJ) Patel
Jason St. John

Illinois

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Office110,000 SF
Sold 08/01/2025
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Property Image
SOLD

Greenstone Partners Brokers $6.4M Sale Of Office Property In Naperville To Dallas Partnership

387 Shuman Boulevard

See Similar Deals
Office110,000 SF
Sold 08/01/2025
Arjav (AJ) Patel
Jason St. John
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:110,000 SF
Transaction Type:Sale

A Dallas-based private partnership has acquired an office property located at 387 Shuman Boulevard in Naperville. The transaction, valued at $6.4 million, involves a 110,000 square foot upgraded building that currently accommodates medical and general office tenants. The property is positioned to potentially undergo further medical conversion as the office market continues to recover.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $6.4M
  • Address: 387 Shuman Boulevard
  • Market: Naperville
  • Square Footage: 110,000 SF
  • Brokers: Jason St. John & Arjav (AJ) Patel - Greenstone Partners

Greenstone Partners facilitated this transaction via CREXi Auction, with brokers Jason St. John and Arjav (AJ) Patel serving as representatives throughout the sale. The partnership's strategy and intentions for the property were integral to the deal's execution.

Players

Jason St. John
Greenstone Partners
Jason St. John
26 deals$200.7M volume
BROKER
Arjav (AJ) Patel
Greenstone Partners
Arjav Patel
8 deals$34.3M volume
BROKER
Greenstone Partners
Greenstone Partners
BROKERAGE

Details

SOLD
IMAGE: Jason St. John & Arjav Pate DATE: 08/01/2025 ADDRESS: 387 Shuman Boulevard MARKET: Naperville ASSET TYPE: Office ~ 110,000 BROKERS: Jason St. John (@JasonStJohn) & Arjav (AJ) Patel - Greenstone Partners (@GreenstonePartners) NOTE: Greenstone Partners brokered the $6.4M sale of 387 Shuman Blvd., a 110,000 SF office property in Naperville, to a Dallas-based private partnership via CREXi Auction. The upgraded building, featuring medical and general office tenants, offers potential for further medical conversion amid office market recovery.

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