facebook
Traded Co logo
Submit a Deal
1560 South Randall Road
SOLD

Viking Partners Acquires Randall Square Shopping Mall In Geneva, Illinois For $31.1M

1560 South Randall Road

Retail
226,029 SF
clock iconSold 200 days ago
Joe Girardi
Ben Wineman
Rick Drogosz
the dealplayerscompscontact
share iconContact now

Summary

Sale
ILLINOIS
Retail
226,029 sqft

Viking Partners, represented by Bret A. Caller, has recently acquired the Randall Square shopping mall in Geneva, Illinois. The retail property spans 226,029 square feet and was purchased for $31.1 million from DRA Advisors, with the assistance of brokers Ben Wineman, Joe Girardi, and Rick Drogosz of Mid-America Real Estate Corp. The transaction was financed through a $65 million line of credit provided by Huntington National Bank, of which $21.8 million was allocated towards the purchase.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $31,100,000
  • Address: 1560 South Randall Road, Geneva, Illinois
  • Market: Geneva
  • Buyer: Viking Partners - Bret A. Caller
  • Seller: DRA Advisors - David Luski
  • Brokers: Ben Wineman, Joe Girardi & Rick Drogosz - Mid-America Real Estate Corp
  • Lender: Huntington National Bank
  • Square Footage: 226,029
  • Price per Square Foot: $138

Viking Partners, led by Bret A. Caller, made use of their funding from Huntington National Bank to successfully carry out the acquisition. With this purchase, Viking Partners expands its portfolio and becomes the new owner of Randall Square shopping mall in Geneva. The brokers, Ben Wineman, Joe Girardi, and Rick Drogosz, played a crucial role in facilitating the transaction, ensuring a smooth deal between the buyer and seller.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Joe Girardi's profile picture
Joe Girardi
Mid-America Real Estate Group-image
Principal
$220.6M Sold
Rick Drogosz's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Ben Wineman, Joe Girardi, David Luski, Rick Drogosz & Bret A. Caller DATE: 11/02/2023 ADDRESS: 1560 South Randall Road MARKET: Geneva ASSET TYPE: Retail BUYER: Viking Partners - Bret A. Caller SELLER: DRA Advisors - David Luski BROKERS: Ben Wineman, Joe Girardi & Rick Drogosz - Mid-America Real Estate Corp (@MidAmerica_RE) LENDER: Huntington National Bank (@HuntingtonBank) SALE PRICE: $31,100,000 SF: 226,029 ~ PPSF: $138 NOTE: Viking Partners has acquired the 226,029-square-foot Randall Square shopping mall in Geneva, Illinois, for $31.1 million. The acquisition was financed with a $65 million line of credit from Huntington National Bank, with $21.8 million used for the purchase.

View on map

Loading...

Address1560 South Randall Road

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want