Saturday, June 7, 2008

Marcus & Millichap Retains Exclusive Listing for Retail Asset in Rockford, IL

ROCKFORD, IL-– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for Brynwood Square Shopping Center, a 122,281-square foot retail plaza in Rockford. The listing price is $11.9 million.

(Brynwood Square development, Rockford, IL, above. Shopping center site map is at right.)

Sean Sharko, a senior associate in the Oak Brook office of Marcus & Millichap, is representing the seller, JTJ LLC.

“Byrnwood Square is an excellent opportunity for an investor to acquire a grocery-anchored shopping center with historically high occupancy rates in a stable market,” says Sharko.


Located at the intersection of Spring Creek Road and Mulford Road, the shopping center is anchored by a 71,800-square foot Kroger Supermarket operating under the Hilander name. The property is across the street from a local high school and just blocks away from Rock Valley College.

Along with Hilander, Brynwood Square features a mix of regional and local tenants, including Angelo’s Restaurant, Baskin Robbins, Skin Deep, Camelot World Travel, Nails for You, Evolve Dance Company, State Farm Insurance, Stone’s Hallmark and Kiesling Hair Studio.

Press Contact: Stacey Corso
Communications Department
(925) 953-1716

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