Retail investor Westwood Financial Corp. acquired Elk Crossing in Elk Grove Village, IL, for $23.6 million or $194 per square foot from GE Asset Management. Based off of a 2008-projected NOI, the property sold on a 7.01% Cap Rate.
Retail investor Westwood Financial Corp. acquired Elk Crossing in Elk Grove Village, IL, for $23.6 million or $194 per square foot from GE Asset Management. Based off of a 2008-projected NOI, the property sold on a 7.01% Cap Rate.
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