Retail N Illinois

JLL closes sale of value-add retail center near Chicago

JLL closes sale of value-add retail center near Chicago,ph1

JLL Capital Markets 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 managing directors, Amy Sands and Clinton Mitchell, and executive vice president, Janice Sellis, represented the seller. Bridge33 Capital LLC acquired the asset.

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. 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.