Think All Real Estate Qualifies for a 1031 Exchange? Think Again.
The 1031 exchange is one of the most powerful tools available to real estate investors, but it comes with important boundaries. A common misconception is…
1031 exchange
Marcus & Millichap arranges sale of net-leased Walgreens property in St Louis MSA
Marcus & Millichap brokered the sale of a net-leased Walgreens property located in the St. Louis MSA in Columbia, Illinois, according to Joe Powers, regional…
Exchange buyer nabs 65,000-SF project in off-market deal
A San Antonio-based investment group has acquired the 65,460-square-foot Story Business Center in an off-market transaction, using 1031 exchange funds to snap up its second…
Brit Properties facilitates 1031 exchange in Chicago
Rosemont, Illinois-based industrial property syndicator, Brit Properties recently completed a 1031 exchange at 4242 W. Bryn Mawr on Chicago’s far northwest side. The buyers, a…
Fort Worth FedEx distribution facility sells for $8 million
An approximately 92,450-square-foot distribution building leased to Federal Express Corporation in Fort Worth, Texas has sold for $8,110,000. Ryan Barr and Ryan Bennett of Lee…
Interra Realty arranges $5.78 million sale of luxury apartment building in Chicago’s Lincoln Park neighborhood
Interra Realty brokered the $5.78 million sale of 1513-17 W. Diversey Parkway, a 12-unit luxury apartment building in Chicago’s Lincoln Park neighborhood. The price per…
Stan Johnson Company brokers $6M sale of newly constructed Harbor Freight Tools in Fort Worth
Stan Johnson Company has completed the sale of a freestanding retail building located at 3569 Northwest Centre Drive in Fort Worth. The 16,000-square-foot property was…
Marcus & Millichap arranges sale and financing of net-leased Advance Auto Parts property in Chicago
Marcus & Millichap brokered the sale of an Advance Auto Parts, a 7,000-square foot net-leased property located in Chicago, according to Steven D. Weinstock, regional…
Interra Realty brokers $2 million multifamily sale in Chicago’s Logan Square neighborhood
Interra Realty facilitated the $2.075 million sale of 3821-23 W. Wrightwood Avenue, a 13-unit multifamily building in Chicago’s Logan Square neighborhood. The price per unit…
Marcus & Millichap arranges sale of 10,000-SF retail property in south suburbs
Marcus & Millichap brokered the sale of a 10,070-square-foot retail property located in Orland Park, Illinois, according to David G. Bradley, regional manager of the…