NORTHBROOK, ILL.—A local investor, completing a 1031 exchange, has picked up 444 Skokie Blvd. in Northbrook for $3.273 million. Isaac Metzger and Jason Schwartz at Syndicated Equities Investment Sales represented the seller, 400 Investors L.L.C., an investment partnership.
Constructed in 2011, the freestanding 5,500-sq.-ft. retail building is leased to TD Ameritrade for 10 years with two five-year options on the term.
Located in Northbrook, a Chicago suburb, the property is in close proximity to Northbrook Court, a regional mall.