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Chicago & Midwest  + Greater Chicagoland  + Retail  |  March 1, 2019
Paul Bubny
By: Paul Bubny

Marcus & Millichap Brokers Pair of Retail Trades

Marcus & Millichap has arranged a pair of retail property sales totaling $2.2 million in Chicago’s suburbs. The larger of the two deals was for Maybrook Plaza (pictured), a 9,176-square-foot retail property located in Maywood, IL, which traded for $1,596,000.

Adrian Mendoza, Austin Weisenbeck, and Sean R. Sharko, all of Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller and also represented the out-of-state buyer. Maybrook Plaza is located at 605-621 W. Roosevelt Rd., and was 90% leased at the time of the sale.

Separately, Anthony Catanese and James Ziegler of the firm’s Chicago Downtown office arranged the $650,000 sale of a mixed-use property in Franklin Park, IL, representing both seller and buyer. The property at 10005 Grand Ave. contains six fully-occupied retail spaces on the first floor, while the second floor is approved for four one-bedroom/one-bathroom units.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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