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Newcastle Properties Acquires Retail Property In Vernon Hills For $6.8M

Property Image
SOLD
$6,800,000
Jeffrey (Jeff) Gurian
Beth Sansiper
Jason Lenhoff

Illinois

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Retail26,593 SF
Sold 05/18/2020
the dealplayerscompscontact
Property Image
SOLD

Newcastle Properties Acquires Retail Property In Vernon Hills For $6.8M

271 West Townline Road, Vernon Hills, IL, USA

See Similar Deals
Retail26,593 SF
Sold 05/18/2020
Jeffrey (Jeff) Gurian
Beth Sansiper
Jason Lenhoff
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$255
Total Square Footage:26,593 SF
Transaction Type:Sale

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

Jason Lenhoff
Jason Lenhoff
9 deals$37.8M volume
BROKER
Beth Sansiper
Beth Sansiper
1 deal$6.8M volume
BROKER
Jeffrey (Jeff) Gurian
Jeffrey Gurian
1 deal$6.8M volume
BROKER

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: $256

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