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CDW headquarters property sold

The Tri-State International Office Center, which consists of the Solo Cup and CDW headquarters, has been sold, according to Holliday Fenoglio Fowler L.P.

The buyer of the five-building center in Lincolnshire, is not being named, a HFF spokeswoman said Thursday.

The 559,204-square-foot office center consists of CDW Center, which comprises two buildings that are fully leased to CDW for its headquarters; and 100, 200 and 300 buildings that total 350,183 square feet.

All five properties have been renovated since 2013, and are 79.3 percent leased to tenants, including CDW, LTD Commodities, Solo Cup and Wells Fargo Bank NA.

Amenities include a conference center, 135-seat auditorium, fitness center, deli and parking for 2,394 vehicles in a combination of surface and garage spaces.

The center is located on 37.4 acres at the four-way interchange of the Tri-State Tollway and Half Day Road.

The HFF team represented the seller, Principal Real Estate Investors, and Chicago-based Bradford Allen Investment Advisors acting as an adviser, represented the purchasers.

The HFF investment sales team representing the seller was led by directors Patrick Shields and Bryan Rosenberg and senior managing directors Jaime Fink, Jeff Bramson and Mark Katz.

"This was a fantastic opportunity for the buyer to purchase a Class A office park with a balanced tenant roster, and excellent visibility and access from the adjacent Tri-State Tollway," Shields said.

"This unique opportunity anchored by the stable income of CDW's headquarters generated tremendous interest from both local and out of town capital," added Rosenberg.

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