CHICAGO, IL – The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) has been named to market for sale Dyer Crossing, (photo top right) a 95,083-square-foot, grocery-anchored retail center located in southeastern suburban Chicago in Dyer, Indiana.HFF managing director Paul Barile and director Janice Sellis will lead the investment sales team on behalf of a local seller. The property is being offered without a formal asking price and subject to the assumption of existing debt. In addition to the existing center, buyers will have the option to purchase an adjacent land parcel that can accommodate the development of additional retail space.
Completed in 2004, Dyer Crossing has 95,083 square feet of retail space plus two outlots improved with 10,600 square feet and parking for 990 cars. The property is 96% occupied by tenants includi
ng anchor Jewel-Osco (subsidiary of SuperValu) on a long-term lease through 2024 as well as national and credit tenants such as Chili’s, Starbucks, Sherwin Williams, Harris Bank and Blockbuster. Dyer Crossing is located at 801 – 907 US Highway 30 in the southeastern Chicago suburb of Dyer, Indiana.
ng anchor Jewel-Osco (subsidiary of SuperValu) on a long-term lease through 2024 as well as national and credit tenants such as Chili’s, Starbucks, Sherwin Williams, Harris Bank and Blockbuster. Dyer Crossing is located at 801 – 907 US Highway 30 in the southeastern Chicago suburb of Dyer, Indiana.“Dyer Crossing is a great investment due to its strong, long-term anchor tenant, national tenancy and outstanding demographics in the surrounding area, which include an average household income in excess of $80,000,” said Barile.
Contacts:
Laurie Fish McDowell
HFF Associate Director
One Post Office Square
Suite 3500
Boston, MA 02109
tel 617.338.0990
tel 617.338.0990
fax 617.338.2150
Paul Barile
HFF Managing Director
312 528 3650
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