July 20, 2020
Marcus & Millichap finalized the sale of Huntington Plaza, a 33,687-square foot retail property in Hoffman Estates, IL. The shopping center sold for $4,369,091.
SVPs Austin Weisenbeck and Sean R. Sharko and first VP Adrian Mendoza, all based in Marcus & Millichap’s Chicago Oak Brook office, marketed the property on behalf of the seller, a limited liability company. The buyer wasn’t identified.
Huntington Plaza is located at 1650 W. Algonquin Rd. in Hoffman Estates. The property is anchored by PNC Bank and shadow anchored by Walgreens, as part of a mix of national and regional tenants. The cooperative parties worked together to find solutions to COVID-19-related deal hurdles.
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