{"id":1004335220,"date":"2019-06-28T11:47:15","date_gmt":"2019-06-28T19:47:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004335220"},"modified":"2025-02-27T22:36:57","modified_gmt":"2025-02-28T06:36:57","slug":"svn-chicago-brokers-retail-asset-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/svn-chicago-brokers-retail-asset-deal\/","title":{"rendered":"SVN Chicago Brokers Retail Asset Deal"},"content":{"rendered":"
\"\"<\/a>

12030-12090 Princeton Drive. Image courtesy of SVN<\/em><\/p><\/div>\n

SVN International Corp.\u2019s Vice Presidents Jennifer Hopkins and Olivia Czyzynski has represented the seller of Huntley Shops, a 9,000-square-foot retail property in the Chicago metro area. The property sold for $3.1 million in an off-market transaction that also involved Carolyn Michaels of Chicago Metro Realty as the buyer\u2019s broker.<\/p>\n

The asset is located at 12030-12090 Princeton Drive in Huntley, Ill., and is home to national and regional tenants such as Dunkin Donuts, Papa Saverio\u2019s Pizza, Hair Cuttery and H&R Block, having only one vacant space available. The property was initially available for lease with the intention of finding a tenant for the vacant lot before selling it.<\/p>\n

The nearby area is home to a number of restaurants and grocery stores, which include Starbucks, Burger King, McDonald\u2019s, Aldi as well as a Walmart store. The retail property offers direct access to State Route 47.  <\/p>\n

The sale shows that certain investors continue to be interested in shopping centers with value-creation potential despite the structural changes affecting the retail sector<\/a>. <\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em>      <\/p>\n","protected":false},"excerpt":{"rendered":"

Huntley Shops, home to national and regional tenants such as Dunkin Donuts, Papa Saverio\u2019s Pizza, Hair Cuttery and H&R Block, sold for $3.1 million in an off-market transaction.<\/p>\n","protected":false},"author":30,"featured_media":1004335223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21783,13,21742,21749],"tags":[35553,33330],"class_list":["post-1004335220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-investment","category-midwest","category-latest","category-retail","tag-starbucks","tag-svn"],"acf":[],"yoast_head":"\nSVN Chicago Brokers Retail Asset Deal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/svn-chicago-brokers-retail-asset-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SVN Chicago Brokers Retail Asset Deal\" \/>\n<meta property=\"og:description\" content=\"Huntley Shops, home to national and regional tenants such as Dunkin Donuts, Papa Saverio\u2019s Pizza, Hair Cuttery and H&R Block, sold for $3.1 million in an off-market transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/svn-chicago-brokers-retail-asset-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-28T19:47:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T06:36:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/12030-12090-Princeton-Drive.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/svn-chicago-brokers-retail-asset-deal\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/svn-chicago-brokers-retail-asset-deal\\\/\"},\"author\":{\"name\":\"Roxana Baiceanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b9dffbe4e6d3437c6ee209677f7462f2\"},\"headline\":\"SVN Chicago Brokers Retail Asset Deal\",\"datePublished\":\"2019-06-28T19:47:15+00:00\",\"dateModified\":\"2025-02-28T06:36:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/svn-chicago-brokers-retail-asset-deal\\\/\"},\"wordCount\":217,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/svn-chicago-brokers-retail-asset-deal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/06\\\/12030-12090-Princeton-Drive.jpg\",\"keywords\":[\"Starbucks\",\"SVN\"],\"articleSection\":[\"Chicago\",\"Deals\",\"Investment\",\"Midwest\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/svn-chicago-brokers-retail-asset-deal\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/svn-chicago-brokers-retail-asset-deal\\\/\",\"name\":\"SVN Chicago Brokers Retail Asset Deal - 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