Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Randall Square, a 171,860-square-foot premier shopping center serving the Chicago suburb of Geneva. The sales price was $29 million.
Randall Square is an institutional-quality asset with a lineup of top-performing national tenants, including Nordstrom Rack, Marshalls, Ulta, PetSmart, Skechers, Five Below, Uncharted and Old Navy.
Mid-America Real Estate Corporation Principal Joe Girardi and Vice President Emily Gadomski served as the exclusive listing brokers on behalf of the seller, Viking Partners. The property was acquired by Octave Holdings. Viking originally purchased the property in October 2023 for $31 million.
Located at 1460 S Randall Road, 96%-occupied Randall Square is strategically positioned along the highly trafficked Randall Road retail corridor in Geneva, with an average household income of over $160,000.
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