South Holland Plaza is a newer construction multi-tenant retail building near the busy 162nd Street exit on I-94 just south of Chicago. 100% leased to successful local tenants, the center has benefited from its central location on the thriving 162nd Street retail corridor which includes national tenants such as Starbucks, Walgreens, Chipotle and Aldi.
Primarily a multi-family investor, ownership hired Brookline to sell several other commercial properties in an effort to restructure their portfolio.
The property at 629 E 162nd Street was marketed to a wide range of national and local buyers, garnering over a dozen offers in just a few weeks. Given its location, clean and modern appearance, and the success of each tenant, Brookline was able to procure a strong cash buyer. South Holland Plaza closed in just two weeks. The new owner then chose to hire Brookline for property management to help maintain income, maintenance and overall health and growth for the center.
We look forward to keeping South Holland Plaza thriving for years to come. Contact us for details on how we can help you find success in your commercial real estate endeavors.