Real Capital Solutions to Buy Naperville Office Building

Real Capital Solutions is under contract to acquire MetroWest, a 10-story office building at 55 Shuman Boulevard in Naperville. The deal has not closed yet.

The property is a 207,714-square-foot building designed by Helmut Jahn and completed in 1986, located along the I-88 corridor. It was reported to have more than 32% vacancy when marketed for sale last fall. The purchase price was not disclosed, though it is expected to be well below the $32.5 million Equus paid in 2015.

Real Capital Solutions’ strategy focuses on buying discounted office assets from pre-pandemic valuations and targeting long-term recovery.