Fidelis Realty Partners Acquires Retail Property In North Riverside For $11.1M

The retail property located at 7503 West Cermak Road in North Riverside has been sold in a transaction that closed on 03/15/2023. The property, measuring 180,000 square feet, was sold for a price of $11,100,000, resulting in a price per square foot of $62. The sale was facilitated by Fidelis Realty Partners, represented by Alan Hassenflu, who served as the buyer. The seller was Seritage Growth Properties, represented by Andrea Olshan.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $11,100,000
• Address: 7503 West Cermak Road
• Market: North Riverside

The buyer's representative, Alan Hassenflu of Fidelis Realty Partners, played a key role in the transaction. On the other hand, Andrea Olshan represented Seritage Growth Properties as the seller. Their involvement contributed to the successful completion of the deal.