Illinois-based investor group pays $10.5M for Kohls building in Greeley

GREELEY — Inland Real Estate Acquisition Inc. has acquired the building in Greeley that is leased to Kohls department store.

Oak Brook, Ill.-based Inland Real Estate Acquisition, an affiliate of the Inland Real Estate Group of Companies Inc., paid $10.5 million, or $119 per square foot, to Greeley Realty Ventures LLC for the 88,239-square-foot building at 4224 Centerplace Drive.

John Rue of CBRE represented Greeley Realty Ventures and Tom Reznik of Realtec Commercial Real Estate Services Inc. in Fort Collins listed the property.

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