Wells Fargo Provides $31.2M Recapitalization Loan For Retail Property At 1254 Winston Plz In Melrose Park

1254 Winston Plaza

Retail

410,000 SF

Financed 1 year ago

Summary

Loan

ILLINOIS

Retail

410,000 sqft

The retail property located at 1254 Winston Plz in Melrose Park has been involved in a closed transaction. The property spans 410,000 square feet and is owned by NewMark Merrill Cos.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $31,200,000
Market: Melrose Park
Asset Size: 410,000 square feet

Bryan Gortikov of Gortikov Enterprises represented the buyer, acting as their broker in the deal.

Wells Fargo provided a recapitalization loan in the amount of $31,200,000 for the transaction.

Players

All
2

Agents
1
Lenders
1

Bryan Gortikov

President

$27.5M Sold

Wells Fargo

Details

Deal Summary

FINANCED

IMAGE: Bryan Gortikov DATE: 06/15/2022 ADDRESS: 1254 Winston Plz MARKET: Melrose Park ASSET TYPE: Retail ~ SF: 410,000 LENDER: Wells Fargo (@WellsFargo) LANDLORD: NewMark Merrill Cos BROKER: Bryan Gortikov - Gortikov Enterprises LOAN AMOUNT: $31,200,000 LOAN TYPE: Recapitalization Loan

View on map

Address1254 Winston Plaza

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want