The 1340 Patriot Boulevard property in Glenview, Illinois, closed to a buyer recorded as Bentley Richards on June 7, 2022, according to Traded.co's record of the sale, which files the deal under retail.
The disposition record counts the Glenview asset as one of three properties named in the Trust's offering documents and reports the other two as available for sale. Listings for the Naperville and Berwyn addresses appear on LoopNet and Showcase.
Chicagoland Supermarket Portfolio DST | The record |
|---|---|
Sponsor | Inland Private Capital |
First Form D | |
Exemption claimed | 506(b) |
Maximum offering amount | $39,769,696 |
Minimum investment | $100,000 |
Asset class as filed | Other Real Estate |
Disposition type | Partial sale |
Reported sale price | $17,689,400, as reported by the sponsor and carried in Traded.co's deal record |
Span from first filing to closing | 4.3 years |
Sponsor
Inland Private Capital
First Form D
Exemption claimed
506(b)
Maximum offering amount
$39,769,696
Minimum investment
$100,000
Asset class as filed
Other Real Estate
Disposition type
Partial sale
Reported sale price
$17,689,400, as reported by the sponsor and carried in Traded.co's deal record
Span from first filing to closing
4.3 years
A Form D describes an offering, not a building. This one names no tenant and no address, and the asset-class box it checks would fit a parking lot as easily as a shopping center. The span above runs from that first filing, which is the offering's clock rather than the real estate's.
What the closing produced for the beneficial owners is not on the public record.