Stan Johnson Company Arranges $9.2 Million Sale of Childcare and Education Center in Chicago, Illinois Suburb

GardnerSchool-August22

Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a childcare and education property located at 98 Yorktown Mall Road in Lombard, Illinois. The 16,216-square-foot early education property sold for $9.2 million. The property is currently leased to The Gardner School, an academically focused early childhood education center for ages six weeks to five years with locations across seven states. BJ Feller of Stan Johnson Company represented the buyer, a local private investor. The seller was a Tulsa, Oklahoma-based investor. 

“This property represented an excellent chance for a long-standing repeat client of our team to add another well-positioned and strong performing childcare asset to their portfolio as part of their tax deferred exchange,” said Feller, Managing Director and Partner in Stan Johnson Company’s Chicago, Illinois office. “The Gardner School is one of the premier up-and-coming childcare operators across the United States, and this location in the western suburbs of Chicago is perfectly situated to thrive for years to come.” 

The newly built school is situated on 1.43 acres in the quiet, family-friendly suburban community. The property is one of 11 locations in the Chicago area and is located near the Yorktown Center shopping district, convenient for families who live and work in DuPage County. The education center features spacious classrooms, indoor and outdoor play areas as well as significant security features. 

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About Stan Johnson Company:

Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms that focuses on investment sales transactions involving retail, office, industrial, healthcare, and specialty properties. The firm and its affiliates provide acquisition, disposition, sale leaseback, capital markets, and advisory services for institutions, developers, investment funds, corporate occupiers, and private investors across the United States. With a historic focus in the single-tenant net lease sector, Stan Johnson Company is now in its fourth decade of operation and has expanded its service platform in order to better serve its valued clients. The firm has completed more than $45 billion in transactions nationwide and continues to be regarded as the Net Lease Authority® as it focuses on continued growth and expansion into other industry sectors and services.