Meanwhile, occupancy at the 21-year-old Carillon Square has hovered above 97% in recent years, with Dominick's, Target, Office Max and Michael's leading the tenant roster.
Marcus & Millichap Real Estate Investment Brokerage Co. investment specialists Bruce Harris and James Walsh represented the sellers, which according to property records was Chicago-based investment group St.Andrew's Properties. Marcus & Millichap's Kiser Group represented Oak Meadow, LLC.
In an unrelated transaction, a Walgreen's-occupied property at 3301 Glenview Rd. was recently refinanced for $2.3 million. With a 70% loan-to-value, the 17-year deal is based on a $3.3-million value on the 14,000-sf asset.
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