Net Lease N Illinois
Marcus & Millichap arranges sale of net-leased property

Marcus & Millichap arranges sale of net-leased property

Marcus & Millichap announced the sale of a Walgreens-anchored strip center, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. Located at 500 Northwest Highway at the intersection of Northwest Highway (Route 14) and Cary Algonquin Road in Cary, IL, this 25,258-square foot retail property has great visibility at a signalized intersection with high traffic counts of more than 31,000 vehicles passing by per day.

Net Lease i Ohio
Colliers: Demand for single-tenant buyers soaring in Cincinnati

Colliers: Demand for single-tenant buyers soaring in Cincinnati

The deals might not seem unusual: Colliers International|Greater Cincinnati negotiated the sale leaseback of two restaurants in the Cincinnati area last month, a TGI Friday’s in West Chester and another TGI Friday’s in Colerain. But the sales are indicative of a larger trend here: Single-tenant buyers have been extremely busy in the Cincinnati market.