The new owners of the O'Hare International Center plan to spend about $5 million on upgrades.
CHICAGO—Bridge Investment Group just acquired O'Hare International Center, a pair of nine-story class A office towers at 10255 and 10275 W. Higgins Rd. in Rosemont, for $64 million from The Blackstone Group, which has now unloaded much of its suburban portfolio.
It's just the latest in a string of significant suburban office transactions. Demand has strengthened for class A space in certain portions of the suburbs, and investors now look quite favorably on properties in towns like Oak Brook, Schaumburg and Rosemont.
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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.
