A four-story, Class B office building of 126,088 square feet, Touhy Office Plaza is located in Des Plaines, Illinois, with direct-access to O’Hare International Airport and major interstates.
Since the building’s construction in 1969, the Touhy Office Plaza had been impeccably maintained by a single owner-occupant. With immediate proximity to I-90, I-294, Route 83, O’Hare International Airport, Touhy Office Plaza’s ideal location and the excellent physical condition offered a prime investment opportunity for the firm.
Post-acquisition, a full-modernization project was put in place to update the building. With a focus on completing various cosmetic upgrades, a contemporary and efficient design was implemented throughout the property. The renovations capitalized on the asset’s continuous window-line to create abundant natural-light and utilized the unique central-elevator location as a focal point in modernizing the main lobby.
The Touhy Office Plaza stands to benefit from Des Plaines’ reputation for upward growth and development as well as its numerous dining and retail amenities. With the completion of an all-new parking lot, move-in ready suites, and a comprehensive security upgrade, BAIA’s oversight of the overall renovation project successfully elevated the property and created an opportunity to construct new, competitive leasing and marketing plans for the available space.