WALNUT CREEK, CA—Tom Engberg, CEO of Loja Real Estate, says the firm has acquired two recently developed single-tenant Trader Joe's properties for approximately $15.6 million.
Located in Libertyville, IL, and Tampa, FL, both properties are well-positioned in established thriving communities. These acquisitions represent the sixth and seventh Trader Joe's properties in the Loja Real Estate portfolio.
Trader Joe's Libertyville, opened for business in February, and is the first Trader Joe's in this affluent Chicago suburb, serving a trade area with over 120,000 people within a five-mile radius. Acquired in March, this is a 12,529 square foot store on 1.83 acres of land.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
