TIAA Provides $6.15M Refinance Loan For Retail Property In Tinley Park, IL | 9501 171st Street | Teachers Insurance and Annuity Association of America (TIAA) | Matthew (Matt) Stearns | Retail | Loan

Summary

Loan

ILLINOIS

Retail

43,623 sqft

The retail property located at 9501 171st Street in Tinley Park, IL has undergone a refinancing transaction. The property spans 43,623 square feet and is owned by Brookline Real Estate. The loan for this deal was provided by TIAA.

Summary of transation details

Property Type: Retail
Transaction Amount: $6,153,000
Address: 9501 171st Street, Tinley Park, IL
Market: Tinley Park, IL
Lender: TIAA
Landlord: Brookline Real Estate

The deal was facilitated by Matthew Stearns, a representative from Black Bear Capital Partners.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Matthew (Matt) Stearns

Senior Managing Director

Black Bear Capital Partners

Teachers Insurance and Annuity Association of America (TIAA)

Details

Deal Summary

FINANCED

IMAGE: Matthew Stearns DATE: 12/26/2023 ADDRESS: 9501 171st Street MARKET: Tinley Park, IL ASSET TYPE: Retail ~ SF: 43,623 LENDER: TIAA LANDLORD: Brookline Real Estate (@Brookline_Real_Estate) BROKER: Matthew Stearns - Black Bear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $6,153,000 LOAN TYPE: Refinance LOAN TERMS: The retail property, spanning 44k SF, was refinanced via a 5-year fixed-rate loan.

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Address9501 171st Street

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