Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and chairman Ben Ashkenazy, acquired Gateway Centre, an approximately 200,000 square-foot retail property in Chicago’s Rogers Park neighborhood. The purchase price was not disclosed.
Located at 7507 N Clark St. and on the shore of Lake Michigan, Gateway Centre is 93.4% leased, and anchored by Jewel Osco, Marshalls, and LA Fitness. The center is located just under three miles from downtown Evanston and nine miles from Chicago’s CBD.
“As a specialist in headliner transit-oriented properties, Gateway Centre fits right into AAC’s core investment strategy,” said Joe Press, COO of AAC. “The property is a high traffic infill location that is connected to the Howard CTA Station, allowing Gateway Centre to attract morning and evening commuter traffic on foot, rail, bus and cars.”
AAC was represented in house on the transaction. The seller, Stockbridge, was represented by George Good from CBRE.
The post Ashkenazy Acquires Jewel Osco-Anchored Center in Rogers Park appeared first on Connect CRE.
Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and chairman Ben Ashkenazy, acquired Gateway Centre, an approximately 200,000 square-foot retail property in Chicago’s Rogers Park neighborhood. The purchase price was not disclosed. Located at 7507 N Clark St. and on the shore of Lake Michigan, Gateway Centre is 93.4% leased, and anchored by Jewel …
The post Ashkenazy Acquires Jewel Osco-Anchored Center in Rogers Park appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
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