Prominent Lincolnshire Property to be Sold in Live Bid

CityPark at Lincolnshire presents investors with a lease-up opportunity in a top-tier suburban submarket.

CHICAGO—Ten-X, an online real estate marketplace, will conduct the sale of CityPark at Lincolnshire, a 77,821-square-foot retail and mixed-use center, in a live bid event starting on Aug. 22 through the 24^th on the Ten-X Commercial platform. Ten-X, formerly Auction.com, will team with HFF to market and sell the Lincolnshire, IL asset. Tenants currently occupy 67.3% of the property, providing investors a value-add retail lease-up opportunity.

“CityPark at Lincolnshire presents investors with a solid lease-up opportunity in a top-tier, suburban Northern Chicago submarket,” says Ten-X general manager Gordon Smith. “This is a proven, high-quality property with a strong tenant base that offers a new owner the chance to increase occupancy and capitalize on extension options.”