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

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.