December 14, 2020
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.
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