Brett Berlin Of Quantum Real Estate Advisors Represents Buyer In $3.9M Buffalo Grove Retail Sale

The property involved in this transaction is a shopping center located at 1202-1300 West Dundee Road in Buffalo Grove. The retail asset encompasses 94,000 square feet and was sold for $3,900,000, translating to a price per square foot of $41. The center was 51% leased to tenants including Aldi, Dollar Tree, and AutoZone.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,900,000
• Square Footage: 94,000
• Address: 1202-1300 West Dundee Road
• Market: Buffalo Grove
• Price per Square Foot: $41
• Leased Percentage: 51%
• Tenants: Aldi, Dollar Tree, AutoZone

Brett Berlin of Quantum Real Estate Advisors represented the Illinois-based buyer in this transaction. The buyer intends to redevelop the property that was acquired from the lender.