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An affiliate of Chicago-based Nuveen, a global investment manager, has purchased an apartment complex in La Grange for nearly $88 million.

Oak Brook-based JVM Realty sold Uptown La Grange, a five-story, 254-unit property at 31 E. Ogden Ave. in the west suburb last month, reported Crain’s. CBRE’s John Jaeger, Justin Puppi and Jason Zyck represented the seller in the transaction. The suburban apartment market is 97.8% occupied. Uptown La Grange features a mix of studio and one-, two- and three-bedroom units.