Newport Capital Partners Sells 67,146 SF Retail Center In Oak Brook Illinois For Closed Transaction

The transaction involved a retail asset located at 1600 16th Street in Oak Brook, IL. The property encompasses a total area of 67,146 square feet and was reported to be 98% leased at the time of closing.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 1600 16th Street
• Market: Oak Brook
• Seller: Josh Kagan - Newport Capital Partners
• Brokers: Joe Girardi & Emily Gadomski - Mid-America Real Estate Group

Joe Girardi and Emily Gadomski, representing the seller, facilitated the sale through Mid-America Real Estate Corp., highlighting their involvement in closing the transaction for The Oaks of Oak Brook.