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. Top1031 traces the price to a sponsor announcement carried in that same deal record and marks its basis at medium confidence.
The disposition record counts the Glenview asset as one of three properties named in the Trust's private placement memorandum 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 |
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.