Adelphia Properties has arranged the sale of a newly constructed, two-tenant retail building located at 1201 Ogden Ave in Downers Grove, IL that sold for $4.1M. The 5,305 square-foot retail building consists of BMO Harris Bank & Chipotle Mexican Grill. The retail center is well positioned offering outstanding high vehicle traffic counts w/ excellent frontage at a heavily travelled signalized stoplight intersection. Adelphia Properties’ Simeon Spirrison, CCIM & George Spirrison, CCIM represented the buyer in the transaction.
For more information about Adelphia Properties visit their website here. When you think of the suburban retail/restaurant brokers, think of Simeon and George!!
About Adelphia Properties: Adelphia Properties represents a team of people organized and dedicated to working in unity to achieve these common goals: To maintain the highest standards of excellence in the brokerage, sales (acquisition, disposition), leasing, development, and management of commercial real estate; to preserve the equity of our clients’ investment; to generate the highest possible cash flow; to increase the value of our clients’ investment; and to convey exceptional quality and professionalism.