Jenel Real Estate Acquires Retail Property In Fairview From Acadia Realty Trust For $40.8M
165 North Illinois Street
Retail
272,060 SF
272,060 SF
Sold 1 year ago
Summary
The retail property located at 165 North Illinois St in Fairview has been sold. The transaction took place on 06/08/2022 and was facilitated by brokers Michael Nieder and Clinton Mitchell from JLL. The property, with a total area of 272,060 square feet, was purchased by Jenel Real Estate from the seller, Acadia Realty Trust, for a total sale price of $40,800,000. This translates to a price per square foot of $150.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $40,800,000
- Address: 165 North Illinois St
- Market: Fairview
The buyer, Jenel Real Estate, acquired the property in the deal. The seller, Acadia Realty Trust, represented by brokers Clinton Mitchell and Michael Nieder from JLL, facilitated the transaction.
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165 North Illinois Street
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