Bernard Capital Investment Partners Acquires Mixed-Use Property In Skokie For $11.5M | 3450 West Touhy Avenue | Michael Nieder | Mixed-use | Sale

Summary

Sale

ILLINOIS

Mixed-use

123,519 sqft

Bernard Capital Investment Partners has acquired a 123,519-square-foot flex retail and industrial property located at 3450 West Touhy Avenue in Skokie, Illinois. The property was sold by CenterPoint Properties Trust for a total sale price of $11,500,000. This mixed-use asset is anchored by XSport Fitness and has served as a popular fitness facility, attracting approximately 866,000 visitors over the past year.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $11,500,000
Address: 3450 West Touhy Avenue, Skokie, Illinois
Market: Skokie
Square Footage: 123,519
Price Per Square Foot: $93

The buyer, Bernard Capital Investment Partners, successfully completed the acquisition of this flex retail and industrial property in Skokie. The transaction was facilitated by broker Michael Nieder from JLL.

Players

All
2

Agents
1
Agencies
1

Michael Nieder

Director

$250.4M Sold

JLL

Details

Deal Summary

SOLD

IMAGE: Michael Nieder DATE: 06/08/2023 ADDRESS: 3450 West Touhy Avenue MARKET: Skokie ASSET TYPE: Mixed-use BUYER: Bernard Capital Investment Partners SELLER: CenterPoint Properties Trust (@CenterPointProperties) BROKER: Michael Nieder - JLL (@JLL) SALE PRICE: $11,500,000 SF: 123,519 ~ PPSF: $93 NOTE: Bernard Capital Investment Partners has acquired a 123,519-square-foot flex retail and industrial property in Skokie, Illinois, for $11.5 million from CenterPoint Properties Trust. The property, anchored by XSport Fitness, serves as a popular fitness facility with approximately 866,000 visitors in the past year.

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Address3450 West Touhy Avenue

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