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Fairview Heights Retail Sells for $1.9M

CBRE Brokers Sale of 18,500-SF Building
March 3, 2010
The retail building at 455 Salem Place in Fairview Heights, IL, sold for $1.9 million or $103 per square foot, in a sale between private investors.

The 18,500-square-foot freestanding building was constructed in 2000 on a 1.3-acre parcel in the Metro East Illinois Retail submarket.

Ben Friedman and David Randolph of CB Richard Ellis represented both the seller and the buyer.

Please refer to CoStar COMPS #1865663 for more information on this transaction.

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