{"id":1004381099,"date":"2020-01-10T01:15:42","date_gmt":"2020-01-10T09:15:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004381099"},"modified":"2020-01-10T01:16:23","modified_gmt":"2020-01-10T09:16:23","slug":"bridge33-capital-acquires-chicago-area-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/","title":{"rendered":"Bridge33 Capital Acquires Chicago-Area Retail Center"},"content":{"rendered":"
\"\"<\/a>

Broadview Village Square. Image via Google Street View<\/i><\/p><\/div>\n

Bridge33 Capital has purchased Broadview Village Square, a 193,536-square-foot, value-add retail asset near Chicago, from Spirit Realty. Public records show that Cole Credit Property Trust II paid $28.5 million for the retail center in 2007, later merging with Spirit in 2013. <\/p>\n

JLL Capital Markets represented the seller in the deal. The brokerage team included Managing Directors Amy Sands and Clinton Mitchell along with Executive Vice President Janice Sellis.<\/p>\n

The shopping center\u2019s tenant roster includes a combination of national and local retailers such as Ross Dress for Less, Subway, Marshalls, PetSmart, Lou Malnati\u2019s Pizzeria and Fannie May. The property is also shadow anchored by LA Fitness, Ashley Furniture HomeStore, Target and The Home Depot.<\/p>\n

Located at 700 Broadview Village Square in Broadview, Ill., the property was built in 1997. The 16-acre site is 1 mile from Loyola University Medical Center and Health Sciences Campus, and Downtown Chicago is 12 miles to the east.<\/p>\n

Last April, Bridge33 partnered with Waterfall Asset Management to acquire Milford Crossing Shopping Center<\/a>, a $59.6 million, 371,537-square-foot retail property in Connecticut.<\/p>\n","protected":false},"excerpt":{"rendered":"

The nearly 200,000-square-foot property last changed hands in 2007 for $28.5 million.<\/p>\n","protected":false},"author":867,"featured_media":1004381108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,13,21742,21749],"tags":[34527,34528,48401,48404,32796,34525],"class_list":["post-1004381099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-midwest","category-latest","category-retail","tag-amy-sands","tag-clinton-mitchell","tag-cole-credit-property-trust-ii","tag-janice-sellis","tag-jll","tag-spirit-realty-capital"],"acf":[],"yoast_head":"\nBridge33 Capital Acquires Chicago-Area Retail Center - 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\/bridge33-capital-acquires-chicago-area-retail-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bridge33 Capital Acquires Chicago-Area Retail Center\" \/>\n<meta property=\"og:description\" content=\"The nearly 200,000-square-foot property last changed hands in 2007 for $28.5 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/\" \/>\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=\"2020-01-10T09:15:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-10T09:16:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Broadview-Village-Square.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1067\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/\",\"name\":\"Bridge33 Capital Acquires Chicago-Area Retail Center - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Broadview-Village-Square.jpg\",\"datePublished\":\"2020-01-10T09:15:42+00:00\",\"dateModified\":\"2020-01-10T09:16:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bridge33-capital-acquires-chicago-area-retail-center\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Broadview-Village-Square.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Broadview-Village-Square.jpg\",\"width\":1067,\"height\":800,\"caption\":\"Broadview Village Square. 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