The Investment Sales Group of Mid-America Real Estate Corporation recently facilitated the sale of Randall Square in Geneva, IL. The 226,029-square-foot center was purchased by Cincinnati-based Viking Partners for an undisclosed amount, reportedly $31.1 million.
Randall Square boasts a diverse tenant mix including popular retailers such as Marshalls, Michaels and Ulta. With its prime location in Kane County and affluent customer base of over 113,000 residents within a five-mile radius earning an average household income of $150,000, the center is well-positioned for success.
Leading brokers Joe Girardi , Rick Drogosz , and Ben Wineman from Mid-America Real Estate Corporation represented IRC Retail Centers/DRA Advisors in this transaction while Pine Tree managed the property.
Viking Partners Scores Kane County Retail Center