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Fresenius-Anchored Retail Property Trades in Antioch
Marcus & Millichap arranged the sale of Depot Street Station, a 28,690-square-foot retail property in Antioch, IL. It sold for $1,944,482.
Brian Parmacek and Paul Butera, investment specialists in Marcus & Millichap’s Chicago Downtown office, marketed the property on behalf of the seller, a local private investor. The buyer, a Washington-based private investor, was secured and represented by Alec Coronado, an investment specialist in Marcus & Millichap’s St. Louis office.
Depot Street Station is located at 311 Depot St. in Antioch. The center is anchored by Fresenius Medical Care along with several other medical-related tenants with a long history of occupancy.
The property was developed in 2003 and was 96% occupied at the time of sale. The center benefits from low taxes, due to the property being in Lake County and having industrial zoning.
- ◦Sale/Acquisition

