PRESS ROOMNEWS RELEASE
Inland Real Estate Commercial Brokerage, Inc. Completes Sale of 5-Acre Parcel in West SuburbsJune 29, 2023
Oak Brook, Ill. – Inland Real Estate Commercial Brokerage, Inc. (“Inland Commercial Brokerage”) announced today the sale of a 5.6-acre parcel of land owned by the Roman Catholic Diocese of Joliet Trust (“the Diocese”) in Hanover Park, Illinois.
Located on the southwest corner of Stearns Road and Redford Lane, the site is adjacent to a number of residential communities, elementary schools, recreation areas and nearby retailers including Walgreens and Jewel-Osco.
Paul Montes and Eric Spiess, senior vice presidents of Inland Commercial Brokerage, represented the Diocese in the transaction. In addition to the Hanover Park sale, there are three additional properties in the Diocese portfolio currently marketed by Inland Commercial Brokerage.
“Successful collaboration between the Village of Hanover Park and the Diocese made this transaction possible,” commented Montes.
“We have worked with the Diocese on a number of transactions in the last 8 years and look forward to continued success with the remaining 3 properties within this portfolio,” added Speiss.
The Hanover Park sale marked the 16th closing Inland Commercial Brokerage completed on behalf of the Diocese. For more information on the remaining three properties in this portfolio, please contact Paul Montes at 630.954.4446 or by email at email@example.com and Eric Speiss at 630-990-8658 or by email at firstname.lastname@example.org.
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 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.