CHICAGO—Portions of the suburban office market have emerged from the doldrums, and many owners stand ready to take advantage of the opportunity. The owner of Mid America Plaza has almost completed a $10 million capital improvement project that has brought the 414,442 square foot class A complex in Oakbrook Terrace into the 21st Century.
“These buildings looked and felt like the 1980s,” Fred Ishler, Avison Young principal, tells GlobeSt.com. But after ditching the brass ornamentations and other features, the interiors are now “clean, crisp, modern and bright.” The renovation also reimagined the common areas, upgraded amenity spaces and made significant base building improvements throughout the property.
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