Weber Properties Acquires Retail Strip Center In Vernon Hills For $2.3 Million

The asset involved in the transaction is a retail strip center located at 271-289 Evergreen Drive in Vernon Hills, which was sold for a price of $2,300,000. The deal reflects a significant market activity within the retail sector.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,300,000
• Buyer: Weber Properties
• Seller: Mass Vernon Hills LLC
• Buyer's Representative: Jason Trombley - JLL
• Seller's Representatives: Carole Caveney & Michael Petrik - Lee & Associates

Lee & Associates facilitated the transaction representing the seller, showcasing their full-service capabilities, including leasing and property management. JLL's Jason Trombley acted on behalf of the buyer in this transaction.