CHICAGO—Brokers from Transwestern's Chicago office have been retained as the exclusive sales agents for Rosemont Corporate Center, a 121,000-square-foot building located at 9501 Technology Blvd. in the Chicago suburb of Rosemont, company officials say. The property sits in a strategic, infill location in the largely built-out O'Hare submarket and they expect it to trade for more than $30 million.

The building has several attributes which should attract deep-pocketed investors. It is one of only two buildings in the O'Hare market to achieve LEED Gold certification, for example, and furthermore, is 92.4% leased and anchored by Cisco Systems Inc., which occupies 81,825-square-feet. Originally built in 2009, the center is the newest class A office building in the submarket and has a weighted average remaining lease term of about 6.1 years.

Cisco uses its space there to service the company's entire Midwest customer base and has also heavily invested its own capital in the location. The center sits near O'Hare Airport and adjacent to the newly developed MB Financial Park. The building also features a parking deck and a 4 per 1,000 parking ratio.

The seller, Ryan Companies US Inc., is a Minneapolis-based builder, developer, designer and real estate manager. Transwestern's managing directors Gary Nussbaum and Thomas Gorman, along with senior associate David Matheis, will represent Ryan.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.