January 15, 2016
Cole Real Estate Income Strategy Inc. (Cole Income NAV) has acquired a Home Depot Center at 7300 W. 159th St. in Orland Park, IL, a suburb of Chicago.
The Phoenix-based buyer paid $20 million for the 149,526-sf property.
VEREIT Inc. represented Cole Income NAV. Ben Wineman and Joe Girardi of Mid-America Real Estate Corp. represented the seller, an Ohio-based REIT.