Press Releases
Marcus & Millichap Arranges Sale of 32,600-Square-Foot Retail Property in Elgin, Illinois
September 28, 2026
ELGIN, Ill., Sept. 28, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of High Point Plaza, a 32,600-square-foot unanchored retail property in Elgin, Illinois.
“We represented the property's original developer in the disposition and procured a local high-net-worth private investor as the buyer,” said Adrian Mendoza, senior managing director investments. “The transaction closed as an all-cash sale with no purchase-price re-trades, reflecting strong demand for stabilized retail investments.”
Mendoza, Sean Sharko and Austin Weisenbeck of the Sharko | Weisenbeck | Mendoza Group from Marcus & Millichap's Chicago Oak Brook office, marketed the property on behalf of the seller and procured the buyer.
High Point Plaza is situated on 3.88 acres at 1350 E. Chicago St. in Elgin. Built in 2009, the property is occupied by a mix of retail, service and restaurant tenants, including Subway and State Farm.
“We represented the property's original developer in the disposition and procured a local high-net-worth private investor as the buyer,” said Adrian Mendoza, senior managing director investments. “The transaction closed as an all-cash sale with no purchase-price re-trades, reflecting strong demand for stabilized retail investments.”
Mendoza, Sean Sharko and Austin Weisenbeck of the Sharko | Weisenbeck | Mendoza Group from Marcus & Millichap's Chicago Oak Brook office, marketed the property on behalf of the seller and procured the buyer.
High Point Plaza is situated on 3.88 acres at 1350 E. Chicago St. in Elgin. Built in 2009, the property is occupied by a mix of retail, service and restaurant tenants, including Subway and State Farm.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
