ALTO Real Estate Funds And M&J Wilkow Sell Shoppes At College Hills To Private Investment Group

The asset involved in this transaction is a retail property located at 314 South Towanda Avenue, Normal. The shopping center encompasses a total square footage of 144,555 and is fully leased at 96%, hosting notable tenants such as Hobby Lobby, J.Crew Factory, Starbucks, and Bath & Body Works.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 314 South Towanda Avenue
• Market: Normal
• Seller: ALTO Real Estate Funds & M&J Wilkow
• Broker: Ben Wineman - Mid-America Real Estate Group

The sale was brokered by Mid-America Real Estate Corp. Ben Wineman represented the seller, which is a joint venture between M&J Wilkow and ALTO Real Estate Funds. A private investment group acted as the buyer in the transaction.