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MidwestCRE

Investment neighborhood center sells in Downers Grove

Staff Writer April 4, 2017
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A 10,737 SF multi-tenant retail strip center sold at 2321 Ogden Avenue in Downers Grove. Tim Franz and Craig Franzen of SVN | Chicago Commercial represented the buyer in the transaction. The property sold for $2,165,000.

“Due to location and tenant mix, the shopping center drew interest from many investors. We were able to structure the deal so our client secured the center,” Franz said.

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