Minnesota-based real estate company, Onward Investors, is making moves to acquire the One O’Hare Centre office building in Rosemont near O’Hare International Airport. According to a report by Crain’s, the 12-story property is estimated to sell for approximately $70 million and current owners MDC Realty Advisors and Nicola Wealth Management are selling after completing $5.5 million in renovations.
The building, located at 6250 River Road on a 5.36-acre site, was constructed in 1986 and spans over 380,360 square feet. Reyes Holdings and Colliers are reported as the two largest tenants by Crain’s . Cushman & Wakefield representatives Cody Hundertmark , Tom Sitz , and Dan Deuter marketed One O’Hare on behalf of MDC Realty Advisors and Nicola Wealth Management.
This acquisition marks an exciting opportunity for Onward Investors as they expand their portfolio with this prime location near one of the busiest airports in the country. The deal has been closely watched by industry professionals who can find more details about it on Connect CRE .
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