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Bernard Capital Investment Partners Acquires Mixed-Use Property In Skokie For $11.5M

Property Image
SOLD
$11,500,000

Illinois

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Mixed-use123,519 SF
Sold 06/08/2023
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Property Image
SOLD

Bernard Capital Investment Partners Acquires Mixed-Use Property In Skokie For $11.5M

3450 W Touhy Ave Lincolnwood, IL 60712, USA

See Similar Deals
Mixed-use123,519 SF
Sold 06/08/2023
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Mixed-use
Price Per Square Foot:$93
Total Square Footage:123,519 SF
Transaction Type:Sale

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

Michael Nieder
JLL
Michael Nieder
17 deals$419.6M volume(312) 300-7300
BROKER
CenterPoint Properties
CenterPoint Properties
SELLER
CT
CenterPoint Properties Trust
SELLER

Details

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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