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Canadian Investor Pays $59 Million for Fully Leased Offices in Chicago Suburbs

MBARK Global Buys Leasehold Interest in Seven-Story Building Amid Slowdown in Deals
MBARK Global has paid $59 million for the leasehold interest in The Reserve at Deer Park, an office building at 21440 W. Lake Cook Road in Deer Park, Illinois. (Gian Lorenzo Ferretti/CoStar)
MBARK Global has paid $59 million for the leasehold interest in The Reserve at Deer Park, an office building at 21440 W. Lake Cook Road in Deer Park, Illinois. (Gian Lorenzo Ferretti/CoStar)
CoStar News
February 15, 2023 | 6:28 P.M.

A Canadian investor has paid $59 million for a fully leased office building in the Chicago suburbs months into a slowdown of property sales throughout the country.

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News | Canadian Investor Pays $59 Million for Fully Leased Offices in Chicago Suburbs