Press Release: Colorado Investment Firm Makes $37M Investment in Naperville Corporate Center
COLORADO INVESTMENT FIRM MAKES $37M INVESTMENT IN NAPERVILLE CORPORATE CENTER
Ease of Purchase Highlights Firms Availability of Smart Capital
LOUISVILLE, COLORADO – April 4, 2018 – Real Capital Solutions (RCS), a nationally-focused investor of work-out and value-add properties, is pleased to announce that they have purchased Naperville Corporate Center at 1230, 1240, 1245, & 1250 East Diehl Road in Naperville, Illinois, for $37.1 million. Naperville Corporate Center is a four building, multi-tenant office portfolio consisting of 420,540 square feet and a current occupancy of 83 percent. The portfolio has a diverse mix of tenants and is headquarters to KeHE Distributors. Naperville Corporate Center offers excellent access to the major arterial highways connecting Naperville to Chicago and the surrounding suburbs.
Real Capital Solutions is a highly entrepreneurial company providing active capital with an emphasis on practical solutions. RCS and its Founder/CEO, Marcel Arsenault, are known for their forecasts for predictive timing in commercial real estate markets. “The Naperville Corporate Center purchase displays our company’s ability to provide smart solutions with our available equity, and we continue to look for opportunities to make more deals in new markets,” says Arsenault.
Naperville Corporate Center is located in the heart of the East-West Corridor and sits adjacent to Freedom Commons, an 80,000 SF retail center offering fine dining, quick service restaurants, and other amenities to the buildings’ tenants. In the past, Naperville Corporate Center has hosted The Late Show with Stephen Colbert for a short comedy feature with Butterball’s Turkey Talk-Line.
Real Capital Solutions continues to seek acquisitions throughout the United States and expects to purchase over $300 million in real estate assets in 2018.
About Real Capital Solutions
Real Capital Solutions is an active investment manager that provides smart capital and practical solutions for real estate opportunities. For over 30 years, RCS has achieved great success investing in entrepreneurial real estate ventures. During that time, the company has purchased and managed more than 365 real estate investments totaling approximately $3.5 billion. Real Capital Solutions’ investment performance is a result of a solutions-oriented approach to property acquisition, development, management and divestiture. RCS will continue to produce exceptional returns for its investors by working with operating partners that share the same entrepreneurial drive and operational precision in order to achieve extraordinary performance.
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