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Quantum Real Estate Advisors Arranges $7.1M Sale Of Design Pointe In Naperville

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SOLD
$7,100,000

Illinois

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Retail78,000 SF
Sold 12/06/2023
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Property Image
SOLD

Quantum Real Estate Advisors Arranges $7.1M Sale Of Design Pointe In Naperville

1320 Illinois Highway 59

See Similar Deals
Retail78,000 SF
Sold 12/06/2023
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$91
Total Square Footage:78,000 SF
Transaction Type:Sale

A 78,000-square-foot retail center in Naperville, located at 1320 North Route 59, has been sold for $7.1 million. The property, known as Design Pointe, was sold by an Illinois-based investor to a private investor in Illinois. The retail center is 95% leased, making it an attractive investment opportunity in the Naperville market.

Summary of transaction details:

Brett Berlin of Quantum Real Estate Advisors represented the seller in this transaction. The sale of Design Pointe demonstrates the strong demand for retail properties in Naperville and the confidence that private investors have in the market.

Players

Brett Berlin
Quantum Real Estate Advisors
Brett Berlin
12 deals$55.2M volume(312) 683-9923
BROKER

Details

SOLD
IMAGE: Brett Berlin DATE: 12/06/2023 ADDRESS: 1320 North Route 59 MARKET: Naperville ASSET TYPE: Retail BROKER: Brett Berlin (@Berlin_Brett) - Quantum Real Estate Advisors (@QREAdvisors_Inc) SALE PRICE: $7,100,000 SF: 78,000 ~ PPSF: $91 NOTE: Quantum Real Estate Advisors arranged the $7.1 million sale of Design Pointe, a 78,000-square-foot retail center in Naperville. The property, 95% leased, was sold by an Illinois-based investor to a private investor in Illinois, with Brett Berlin of Quantum representing the seller.

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