The sale of two shopping centers in Bolingbrook, IL has been completed by CapRock Realty. The retail properties, located at 595 and 596 N. Pinecrest Road, were sold for a total price of $4,350,000. The combined square footage of the shopping centers is 28,846, resulting in a price per square foot of $151. The transaction involved lease-up of vacant units by CapRock Realty's team and was sold off-market to an out-of-state buyer.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,350,000
• Buyer: BG Acquisitions
• Seller: Antony Joseph
• Buyer's Representative: Matt Bucklaew - CapRock Realty
• Seller's Representatives: Tom Eilers & Brian Goldman - CapRock Realty
• Square Footage: 28,846
• Price per Square Foot: $151
• Date: 08/18/2023
• Market: Bolingbrook

The transaction was facilitated by Matt Bucklaew from CapRock Realty, representing the buyer, BG Acquisitions, and Tom Eilers and Brian Goldman from CapRock Realty, representing the seller, Antony Joseph.