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Thursday, May 16, 2024

Retail Properties of America Sells Aon Hewitt Property for $148M

Courtesy of Benzinga.

Retail Properties of America, Inc. (NYSE: RPAI) today announced the successful sale of the Aon Hewitt Property for $148 million. The 818,686 square foot office property is fully leased to Aon Corporation and located in Lincolnshire, IL. Proceeds from the sale were used to repay $117.7 million of mortgage debt and accrued interest encumbering the entire Aon Hewitt Campus.

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