Viking Partners Scores Retail Center in Kane County

Viking Partners Scores Retail Center in Kane County

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

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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