An office building in Itasca, Illinois has changed hands in an off-market transaction that underscores how nearby data center development is influencing investor interest in traditional office assets. SVN | Chicago Commercial facilitated the $1.95 million sale of the property at 100 E Pierce Road, an office building totaling 15,818 square feet.
The asset was sold with two tenants in place, providing immediate in-place income for the buyer. According to SVN | Chicago Commercial, the building drew strong interest even before it was formally marketed, with an offer secured during the pre-marketing period and the deal ultimately closing off-market.
SVN | Chicago Commercial represented the seller in the transaction. The advisory team was led by Advisors Jennifer Hopkins, MBA, Olivia Czyzynski, and Lina Adamis. The firm reported that the property had been originally constructed in 2001 by the previous owner and maintained to a standard that left no deferred maintenance at the time of sale.
Commenting on the broader environment, Hopkins noted that ongoing data center development in the Itasca submarket is contributing to renewed investor interest in surrounding office properties. In that context, she said that well-maintained buildings with existing tenants in place are proving particularly attractive to investors.
The sale of 100 E Pierce Road highlights how office properties adjacent to emerging infrastructure corridors can benefit from spillover demand, especially when they offer stable tenancy and do not require immediate capital expenditure. The combination of a fully maintained 2001-vintage building, existing occupancy and proximity to active data center development positioned the asset to receive early buyer attention.
SVN | Chicago Commercial did not disclose further details about the buyer, seller or lease terms for the in-place tenants. However, the firm emphasized that the transaction demonstrates continued demand for office assets that couple physical condition and occupancy stability with adjacency to growth sectors such as data centers. The deal reflects how investors are selectively targeting well-located, income-producing office properties in submarkets where digital infrastructure investment is expanding.
