155 N. Wacker & 318 W. Randolph, Chicago, IL

Brijus purchased these adjacent class “C” buildings located at one of the premier locations in downtown Chicago.  Prior to the purchase, the property was being marketed as a development site.  Instead of an immediate redevelopment, Brijus commenced a minor renovation and aggressive lease up of the properties increasing occupancy from 65% to 95% in a relatively short time.  During this period, Wacker Drive became the predominant location downtown with the addition of four brand new class “A” office towers.  In April of 2005, Brijus sold a majority interest in the property to the John Buck Company.  Brijus and the John Buck Company are co-developing a 1,200,000 square foot 50-story office building with delivery anticipated in 2009.