GILM LLC Acquires Monticello Retail Property For $3.3M

Hillside Mall, a 26,539-square-foot retail center located at 542 Cedar Street in Monticello, Minnesota, has been sold for $3.3 million. The property, fully leased and situated in the Monticello market, was acquired by GILM LLC from Monticello Mall LLC. The transaction was facilitated by Mark Robinson and Amy Senn of Mid-America Real Estate Minnesota.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,304,000
• Square Footage: 26,539
• Price per Square Foot: $124
• Address: 542 Cedar Street, Monticello, Minnesota
• Market: Monticello, Minnesota

The sale of Hillside Mall for $3.3 million marks a significant transaction in the Monticello retail market. GILM LLC acquired the property from Monticello Mall LLC, with Mark Robinson and Amy Senn of Mid-America Real Estate Minnesota acting as the brokers in the deal.