Alan Hassenflu Of Fidelis Realty Partners Acquires Kildeer Village Square For $51 Million

A Northmarq–Bond Companies venture sold Kildeer Village Square, a retail shopping center located at 20393 North Rand Road in Kildeer, Illinois. The center encompasses a total area of 198,900 square feet and was sold for $51 million, translating to a price per square foot of $256.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $51,000,000
• Address: 20393 North Rand Road
• Market: Kildeer
• Square Footage: 198,900
• Price Per Square Foot: $256
• Buyer: Alan Hassenflu - Fidelis Realty Partners
• Seller: Rob Bond - Bond Companies; Marcus Parker - NorthMarq

This transaction underscores the activity in the retail sector, drawing attention to the dynamics at play in the Chicago-area market, particularly as investors adjust their valuation strategies. The involvement of Fidelis Realty Partners, along with the represented interests of Bond Companies and NorthMarq, reveals significant player movement within the industry.