AJ Thoma III, CCIM, SIOR, Facilitates $17.5M Sale of Country Financial Campus to Illinois State University for Future Engineering Campus

November 20, 2024

The 400,000 SF, three-building campus on 28.32 acres in Bloomington, IL, marks a transformative step for ISU, with renovations underway to welcome engineering students by Fall 2025.

CHAMPAIGN, IL, November 18, 2024 – AJ Thoma III, CCIM, SIOR with Coldwell Banker Commercial Devonshire Realty (CBCDR, LLC) is pleased to announce the sale of Country Financial/Country Company’s main campus in Bloomington IL to Illinois State University (ISU). The sale is comprised of roughly 400,000 SF of office space in three (3) buildings on 28.32 Acres for $17,500,000. The sale has/will occur in two transactions as Country vacates one of the buildings over the next two years. ISU plans to renovate the buildings for their new engineering campus slated for Fall 2025 enrollment. Bob Revoir with Cushman & Wakefield was a co-broker in the deal.

A leader in the Central Illinois area for commercial leasing, sales and management, Coldwell Banker Commercial Devonshire Realty is widely recognized as a high-quality developer and premier provider of commercial services. CBCDR is also affiliated with Allied Capital Title, located on the first floor of 201 W. Springfield Avenue. For additional information, visit the company’s website at www.cbcdr.com.