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Local Business

Retail center, property sold in Crystal Lake

CRYSTAL LAKE – The Randall Plaza Retail Center and an adjacent parcel of vacant land along Randall Road in Crystal Lake were recently sold, according to Chicago-based Baum Realty Group LLC.

Baum Vice Presidents Danny Spitz and Greg Dietz represented a private partnership in the sale of the retail center at 435 Angela Lane. The property, which has about 28,506 square feet of space, sold for $3.1 million, according to a news release. The retail center was 83 percent occupied. Tenants include Title Boxing Club and Fire Bar & Grill.

Spitz and Dietz also represented the same ownership group in the sale of a development parcel located at Randall Road and Alexandra Boulevard in Crystal Lake. The 5.9 acre site sold for $900,000, according to the news release.

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