Owner User Perspective

Office condos, a growing trend in key markets nationwide, are proving their success in Chicago as savvy tenants realize the benefits of purchasing their space:

• Building equity instead of paying rent

• Enjoying significant tax advantages

• Investing in institutional-grade real estate for appreciation over time

• Hedging inflation and stabilizing long-term real estate costs

• Controlling the office environment and tailoring facilities as needed to meet operational demands

• Locking in a prime location

• Facilitating long-range organizational plans including ownership succession strategy, sale of business and estate planning

 

 Investor Perspective

• Portfolio diversification through Real Estate

• A proven asset

• Competitive cap rates

• 90+ percent tenant retention rate

• Signing long-term leases with annual rent increases

• Professional property management which limits landlord responsibilities

• Common area maintenance paid by owners association