Block & Company, Inc., Realtors sells shopping center in Champaign, Illinois - their 12th shopping center sale of a 13 center portfolio assignment
October 29, 2019
Block & Company, Inc., Realtors, a full service commercial real estate firm headquartered in Kansas City, Missouri, is pleased to announce their 12th shopping center sale of a 13 shopping center portfolio assignment. A Block & Company headed investment group negotiated the sale of an approximately 11,458 square foot retail center in Champaign, Illinois to a local investment buyer.
The Sam's Club and Rural King shadow anchored strip shopping center is located near Marketplace Regional Mall in the heart of the areas primary retail corridor at 1006 W. Anthony Drive.
David M. Block and
Phil Peck, CCIM of Block & Company, Inc., Realtors negotiated the transaction on behalf of the sellers, Bloomfield 2005 LLC and Metcalf Arlington SPE LLC. Block & Company, Inc., Realtors was also the management and leasing company for the shopping center.
This will be Block & Company's 12th shopping center sale on behalf of the same ownership group, with other centers sold in El Dorado, KS, Chanute, KS, Decatur, IL, Owosso, MI, Huntington, IN, Jacksonville, IL, Mansfield, OH, Sturgis, MI, Little Falls, MN, Benton Harbor, MI, and Crawfordsville, IN and is currently listing the last remaining Walmart Supercenter Shadow Anchored center for sale in
Decatur, Indiana.For More Information Contact:
David M. Block or
Phil Peck, CCIMFull Press ReleaseAdditional Block & Company Resources:
Block & Company, Inc., Realtors Retail Brokerage InformationBlock & Company, Inc., Realtors Property Management InformationSign Up for My Block to unlock additional information**Please source and hyperlink this press release if cited**About Block & Company, Inc., RealtorsBlock & Company, Inc. Realtors is a full service commercial real estate company headquartered in Kansas City, Missouri since its inception in 1946. The firm's services include brokerage, development, investment, asset/property management, tenant representation, and corporate real estate services. Our commercial brokerage specializes in restaurant, retail, automotive, hotel, industrial, office, shopping center/development, commercial investments, asset/property management, and many other real estate services. With transactions extending to 187 cities in 35 states, Block & Company manages millions of square feet of retail, restaurant, office, and industrial space. Block & Company is proud to be known as one of the Midwest's premier full service real estate organizations, consistently ranked among the industry leaders by trade magazines, local business publications, and our industry peers.