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Chicago & Midwest  + Midwest  + Retail  |  September 23, 2024
Jasmine Kilman
By: Jasmine Kilman

Greenstone Partners Brokers Skokie Retail, Land Transactions

Greenstone Partners recently brokered Railway Railway Plaza, 572 Weston Ridge Dr. in Naperville, Illinois and 9008-9018 Gross Point Road in Skokie, Illinois.

Railway Plaza is a multi-tenant retail investment is located at 572 Weston Ridge in Naperville, Illinois and sold for $1,700,000 or $220 per square foot. The 7,719-square-foot Class B property is situated adjacent to the Route 59 Metra station and is located between downtown Naperville and downtown Aurora.

Greenstone Partners Director Malek Abdulsamad represented the buyer, an Illinois-based private investor, and seller in the transaction. “We were thrilled to generate multiple offers with the ultimate buyer being a local,” said Abdulsamad. “At the time of close, the property is 75% occupied with a dental practice anchor tenant.”

9008-9018 Gross Point Road is a 22,000 square-foot land development site located in Skokie, Illinois and sold for $645,786. Director Brewster Hague and Abdulsamad exclusively represented the seller in the transaction.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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