Bill Huffman Of Nuveen Acquires Retail Property In Park Ridge For $26 Million

The retail property located at 190 North Northwest Highway in Park Ridge, Illinois, has been sold for $26 million. This asset has a total square footage of 70,144 and a price per square foot of $371. The property is known as the Shops of Uptown shopping center and is anchored by Trader Joe's.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $26,000,000
• Address: 190 North Northwest Highway
• Market: Park Ridge, IL
• Square Footage: 70,144
• Price Per Square Foot: $371
• Buyer: Bill Huffman - Nuveen

Bill Huffman represented Nuveen in this acquisition, which involved the purchase of the entire shopping center property. The transaction highlights Nuveen's investment strategy in retail assets.