Home Real Estate AutoZone, Dollar Tree Anchored Center Sells for $10M
Real Estate

AutoZone, Dollar Tree Anchored Center Sells for $10M

Westview Center, a 114,735-square-foot retail property located in Streamwood, Illinois, recently sold for 96 percent of the list price at $10.18 million. The asset was sold to a Midwest private investment group.

Marcus & Millichap’s Senior Managing Directors, Austin Weisenbeck and Sean Sharko had the exclusive listing to market the property on behalf of the seller. Executive Managing Director Mark Ruble, Senior Managing Director Chris Lind, and Senior Associate Brennan Clegg, investment specialists in Marcus & Millichap’s Columbus and Phoenix office, secured and represented the buyer after a competitive bidding process with multiple offers.

Westview Shopping Center, located at 1000 – 1090 S. Barrington Road, is 100 percent occupied with many national tenants, including AutoZone, Oak Street Health, Dollar Tree, Chuck E. Cheese, American Freight, and H&R Block.

Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Real Estate

Memphis Dermon Building Converting to 150-Room Hotel

The Dermon Building in Memphis was built 99 years ago, designed as...

Real Estate

Developer Duo Secures $120M Refi for Charleston Harbor Rental Community

Woodfield Investments and Argosy Real Estate Partners have secured $120 million to...

Real Estate

Bonita Springs Site for 252-Unit Apartment Community

Madison Communities and Heitman have closed a $44 million construction loan for...

Real Estate

$21.5M Loan for Tacoma Apartments Secured by Berkadia

Berkadia has secured financing for the acquisition of The Duo Apartments, a...