Author: jonnasmothers0

B+E brokers sale of Chicago Art Van Furniture for $9 Million

B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the vacant Art Van Furniture located in the Chicago MSA for $9,000,000. The seller, as an owner of NNN leased property, was able to liquidate this asset at a strong sale price for a vacant property at approximately $125/SF. “We were excited to leverage our marketing platform to sell this asset after it went dark due to a tenant bankruptcy,” said B+E broker Tim Hain. “This is another proof point that our leased-asset sales model capabilities also successfully sell vacant property.” B+E helped ... Read more