12/31/13 – Kost and Schmidt Complete Sales

Kost Completes Leases at Elgin’s Woodbridge Center

December 18, 2013

Lake in the Hills —  Linda Kost, Senior Broker Associate at Premier Commercial Realty, completed three new leases on behalf of the Landlord at Elgin Woodbridge Center. The retail center is located at the northeast corner of Randall Road and Bowes Road, in front of the Menards in Elgin.

New tenants include ATI Physical Therapy (leased in March 2013), Sports Clips (leased in October 2013), and most recently Wing Stop (leased in November 2013), which now occupies the former Caribou Coffee space.

The 10,600 sf center was developed by The Crown Group in 2000 and is 100% leased.

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Premier Commercial Realty Sells Merlin’s Building, Cary

December 27, 2013

Lake in the Hills —  Linda Kost and Dave Schmidt, Senior Associate Brokers at Premier Commercial Realty, sold the Merlin’s Building located at 534 Northwest Hwy., Cary (near the Jewel/Osco center).

Kost and Schmidt represented both the buyer, Volo Gas LLC, and the seller, Cary Ventures LLC, in the sale of the freestanding 6,328 SF investment property. The property sold on December 23, 2013 for $750,000.