Monday, January 13, 2020

Value-add retail center near Chicago sold


Broadview Village Square in Broadview, IL is home to national tenants, including Ross Dress for Less, Subway, Marshalls, PetSmart, GNC and Sally Beauty

CHICAGO, IL – JLL Capital Markets announced it has closed the sale of Broadview Village Square, a 193,536-square-foot, value-add retail center in the Chicago-area community of Broadview, Illinois.

JLL represented the sellerBridge33 Capital LLC purchased the asset.

Amy Sands 

Broadview Village Square is home to a tenancy mostly comprising national tenants, including Ross Dress for Less, Subway, Marshalls, PetSmart, GNC and Sally Beauty.

 Additionally, the retail center is shadow anchored by LA Fitness, Ashley Furniture HomeStore, Super Target and The Home Depot.

 
Janice Sellis

Situated on 15.91 acres at 700 Broadview Village Square, Broadview Village Square is two miles from the 61-acre Loyola University Medical Center and Health Sciences Campus, which provides a built-in consumer base. It is also within the affluent Broadview suburb, which is 12 miles west of Chicago’s CBD. 

The property is surrounded by an affluent population that includes 162,178 households with an average annual household income of more than $100,000 and a buying power of $16.8 billion living within a five-mile radius.

Clinton Mitchell

The JLL Capital Markets team that represented the seller was led by Managing Directors Amy Sands and Clinton Mitchell and Executive Vice President Janice Sellis

CONTACT:

Kimberly Steele
Senior Associate, Public Relations
JLL Capital Markets
9 Greenway Plaza, Suite 700
Houston, TX  77046
T +1 713 852 3420
M +1 832 244 9994


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