Bridge33 Capital Acquires Property At 700 Broadview Village Square With JLL As Seller's Representatives

Bridge33 Capital has acquired Broadview Village Square, a 193,536-square-foot retail asset located at 700 Broadview Village Square in Broadview, Illinois. The property, built in 1997, spans 16 acres and features a diverse tenant roster including national and local retailers such as Ross Dress for Less, Subway, Marshalls, PetSmart, Lou Malnati’s Pizzeria, and Fannie May. It is also shadow-anchored by LA Fitness, Ashley Furniture HomeStore, Target, and The Home Depot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Square Footage: 193,536
• Address: 700 Broadview Village Square, Broadview, Illinois
• Buyer: Bridge33 Capital
• Seller: Spirit Realty
• Brokerage Team: Amy Sands - JLL, Clinton Mitchell - JLL, Janice Sellis - JLL
• Tenant Highlights: Ross Dress for Less, Subway, Marshalls, PetSmart, Lou Malnati’s Pizzeria, Fannie May
• Shadow Anchors: LA Fitness, Ashley Furniture HomeStore, Target, The Home Depot
• Proximity: 1 mile from Loyola University Medical Center, 12 miles from Downtown Chicago

JLL Capital Markets represented the seller, Spirit Realty, in this transaction. The brokerage team consisted of Managing Directors Amy Sands and Clinton Mitchell, along with Executive Vice President Janice Sellis. Bridge33 Capital's previous notable acquisition includes Milford Crossing Shopping Center, a 371,537-square-foot retail property for $59.6 million in Connecticut.