Another Retail Acquisition For Abington Emerson In Illinois


CHICAGO – September 23, 2016 – After a number of successful investments and turnarounds in distressed retail centers, Abington Emerson acquired a 17,630 square foot retail plaza located in Crest Hill, Illinois. The property, that was bought from a regional bank post foreclosure, has been mismanaged by a receiver and running high vacancy rate.  Attained at an attractive cap rate, this retail plaza is a great value add opportunity and addition to the Abington Emerson retail portfolio.


“Abington Emerson is very pleased with the acquisition of another asset in Illinois and looks forward to a quick improvement of this retail center,” commented John Racich of Abington Emerson.

CONTACT:

Corporate Office
11100 Santa Monica Boulevard, Suite 260 
Los Angeles, CA 90025 

Tel: (310) 893-0651

Email: info@abingtonemerson.com

 

Regional Offices
Chicago: (630) 842-9267

San Diego: (760) 533-6774

Denver: (720) 232-6088 

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