A nearly $100 million bet on west suburban offices: Pending deals by a New York firm to buy four buildings in Downers Grove is one of the boldest wagers since the COVID-19 pandemic began that brighter days are ahead for high-quality properties in the...

But Group RMC is part of a recently growing pool of buyers betting brighter days are ahead for suburban offices, particularly those updated with amenities that will help companies compel employees to want to work from an office rather than home. An East Coast real estate investor that was buying up west suburban office buildings before the COVID-19 pandemic has come back for more, striking deals to spend close to $100 million on four Downers Grove properties. Suburbs. [Extracted from the article]