Marcus & Millichap Inc.
09/15/2025 | Press release | Distributed by Public on 09/16/2025 11:52
Marcus & Millichap Arranges Sale of 13-Suite Retail Property in Harwood Heights, Illinois
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Marcus & Millichap Arranges Sale of 13-Suite Retail Property in Harwood Heights, Illinois
September 15, 2025
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HARWOOD HEIGHTS, Ill., Sept. 11, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Holiday Plaza, a 13-suite retail property in Harwood Heights, Illinois.
"Holiday Plaza's extremely convenient location, near the northwest edge of Chicago between O'Hare Airport and Downtown, made it a compelling investment," said Adrian Mendoza, senior managing director investments. "The buyer plans to re-tenant the former grocery store space, which offers a great value-add opportunity in a market with limited space available to lease."
Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap's Chicago Oak Brook office, procured the buyer, a private investor.
Holiday Plaza, located at 4747 N. Harlem Ave., comprises 70,345 rentable square feet on five acres. Built in 1988, the property sits at the intersection of Harlem and Lawrence avenues, offering visibility to nearly 48,000 vehicles per day. It is less than one mile from Interstate 90 and surrounded by numerous national retailers. The center features a strong mix of service, retail and restaurant tenants, including Orange Theory Fitness and Starbucks.
"Holiday Plaza's extremely convenient location, near the northwest edge of Chicago between O'Hare Airport and Downtown, made it a compelling investment," said Adrian Mendoza, senior managing director investments. "The buyer plans to re-tenant the former grocery store space, which offers a great value-add opportunity in a market with limited space available to lease."
Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap's Chicago Oak Brook office, procured the buyer, a private investor.
Holiday Plaza, located at 4747 N. Harlem Ave., comprises 70,345 rentable square feet on five acres. Built in 1988, the property sits at the intersection of Harlem and Lawrence avenues, offering visibility to nearly 48,000 vehicles per day. It is less than one mile from Interstate 90 and surrounded by numerous national retailers. The center features a strong mix of service, retail and restaurant tenants, including Orange Theory Fitness and Starbucks.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.
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