SOLD
Newcastle Properties Acquires Retail Property In Vernon Hills For $6.8M
271 Townline Road
Retail
26,593 SF
26,593 SF
Sold 1 year ago
Summary
Sale
ILLINOIS
Retail
26,593 sqft
Newcastle Properties has recently acquired a retail property located at 271 Townline Road in Vernon Hills. The property spans across 26,593 square feet and was sold for a total of $6,800,000, resulting in a price per square foot of $256. The transaction took place on 05/18/2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,800,000
- Address: 271 Townline Road, Vernon Hills
- Market: Vernon Hills
Drew Trammell, representing Newcastle Properties, acted as the buyer in this deal. The brokerage team involved in the transaction included Jason Lenhoff from Quantum Real Estate Advisors Inc., as well as Beth Sansiper and Jeff Gurian from Becker & Gurian. Their expertise and negotiation skills played a crucial role in facilitating the successful purchase of the property.
Players
All
3
Agents
3
Details
SOLD
IMAGE: Drew Trammell, Jeff Gurian, Jason Lenhoff & Beth Sansiper
DATE: 05/18/2021
ADDRESS: 271 Townline Road
MARKET: Vernon Hills
ASSET TYPE: Retail
BUYER: Newcastle Properties - Drew Trammell
BROKERS: Jason Lenhoff - Quantum Real Estate Advisors Inc.; Beth Sansiper & Jeff Gurian - Becker & Gurian
SALE PRICE: $6,800,000
SF: 26,593 ~ PPSF: $256View on map
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Address271 Townline Road
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