Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + Greater Chicagoland  + Retail  | 

Sharko|Weisenbeck Team Seals Deal for Schaumburg Retail

Marcus & Millichap closed the sale of Super Regional Two-Tenant Center, a 130,105-square-foot retail asset in Schaumburg, IL. The property sold for $11,000,000.

SVPs Sean R. Sharko and Austin Weisenbeck along with first VP Adrian Mendoza, all of Marcus & Millichap’s Chicago Oak Brook office, marketed the property on behalf of the seller, a trust. The buyer, a limited liability company, was secured and represented by Mendoza, Weisenbeck and Sharko. 
 
Super Regional Two-Tenant Center is located at 1317-1321 E. Golf Rd. in Schaumburg.  The Sharko|Weisenbeck team procured a Chicago-based 1031 exchange buyer and navigated through a complex nine-month escrow process. 

The team successfully managed through obstacles including tenant shutdowns, according to Marcus & Millichap. The property is located in the epicenter of Illinois’ largest center for economic development outside of Chicago, the company says.


Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Marcus & Millichap's SharkoConnect With Marcus & Millichap's Weisenbeck

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).

  • ◦Sale/Acquisition