Marcus & Millichap announced the sale of Cornerstone Center, a 13,304 square-foot retail property located in Glendale, WI, according to Steven D. Weinstock, Vice President/ Regional Manager of the firm’s Chicago Oak Brook office. The asset sold for $6,200,000.
Sean R. Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Sean R. Sharko and Austin Weisenbeck. Matthew Fitzgerald, Broker, assisted in closing this transaction.
Cornerstone Center is located at 5595 North Port Washington Road in Glendale, WI. Cornerstone Retail Center consists of two freestanding retail buildings situated on 1.05 acres; the property was developed in 2003 and contains a total of 13,304 square feet. The site features 62 parking spaces and has a cross access sharing agreement with the neighboring office building to use the adjacent parking lot provided by the City of Glendale.
