Rosemont Center to Trade for $30M

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.