CBRE Arranges $25.5 Million Sale of Mariano’s-Occupied Property in Illinois

The 66,393-square-foot retail property in Arlington Heights, Illinois, is leased to Mariano’s Fresh Market. The 66,393-square-foot retail property in Arlington Heights, Illinois, is leased to Mariano’s Fresh Market.

Arlington Heights, Ill. — CBRE has arranged the $25.5 million sale of a 66,393-square-foot retail property occupied by Mariano’s Fresh Market in Arlington Heights, located 25 miles northwest of Chicago.

Christian Williams and Michael Kaider of CBRE represented the seller, an affiliate of Inland Private Capital, which purchased the asset in 2011 for $20.8 million. A joint venture between State Farm and Transwestern Investment Group sold the property, according to Crain’s Chicago Business.

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