Richard Price Of Mesirow Purchases Amgen Office Campus In Deerfield For $151M
1 Horizon Way
$151,000,000
$228/SF
Building Size
660,000 SF
Asset Type
Office
Closing
Sep 25, 2026
About this deal
AI
The property asset involved in the transaction is an office campus situated at 1 Horizon Way in Deerfield, IL. The total sale price for this asset was $151,000,000. It encompasses a total square footage of 660,000 and spans across 70 acres and three buildings.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $151,000,000
- Address: 1 Horizon Way
- Market: Deerfield, IL
- Square Footage: 660,000
- Price Per Square Foot: $229
- Buyer: Richard Price - Mesirow
- Seller: Robert A. Bradway - Amgen
This transaction involved a sale-leaseback arrangement, where Amgen sold the Deerfield office campus to a Mesirow-affiliated entity. Following the sale, Amgen will continue to occupy one of the buildings while Fortune Brands Innovations will move into the other two buildings on the campus.
On the Map
$151,000,000
$228/SF
Office
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Players
Dee Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93