PRESS ROOMNEWS RELEASE
Inland Real Estate Commercial Brokerage, Inc. Announces Sale of Six-Acre Parcel in Bradley to Local Hotel DeveloperMarch 01, 2023
Oak Brook, Ill. – Inland Real Estate Commercial Brokerage, Inc. (“Inland Commercial Brokerage”) announced today the sale of a development site in Bradley, Illinois, to a local hotel developer. An additional 30 acres of land adjacent to the site is also available and marketed by Inland Commercial Brokerage.
Located at the intersection of Northfield Meadows and Freedom Drive, the site is near the I-57 interchange and a number of retail, restaurant and entertainment options including the Northfield Square Mall, Target, Texas Roadhouse, Cinemark Theatre and Holiday Inn Express & Suites and Starbuck’s.
Eric Spiess and Paul Montes, senior vice presidents of Inland Commercial Brokerage, along with Greg Leutloff of McColly Bennett Commercial Advantage, facilitated the transaction.
The six-acre parcel, which is part of a sprawling 30-acre land site, was purchased by a local hotel developer, to help satisfy the area’s growing hospitality demand.
“Due to its prominent location, there has been significant activity and interest in the site. Ultimately, we anticipate this transaction to spark even more interest on the remaining 30 acres that are currently available for sale,” commented Montes. “In turn, we believe this will generate substantial growth for the area.”
For more information on this opportunity, contact Paul Montes at (630) 954-4446 or Eric Spiess at (630) 990-8658.
About Inland Real Estate Commercial Brokerage, Inc.
Inland Real Estate Commercial Brokerage, Inc. (“IRECB”) is a boutique brokerage firm providing real estate solutions for sales and exchanges for private, public and institutional owners/managers of commercial investment real estate. IRECB is part of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups, which is comprised of a group of independent legal entities some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof. Throughout Inland’s history, its various brokerage entities have closed on more than $1.3 billion including 8,700 multifamily apartments and 140 million square feet of commercial real estate. For more information about IRECB, please visit www.inlandbrokerage.com.