First National Realty Partners Completes Acquisition of a Tesla Sales and Service Center in Westmont, ILChrstina Grosso2021-02-19T16:21:26+00:00
First National Realty Partners Completes Acquisition of a Tesla Sales and Service Center in Westmont, IL
We are pleased to announce the acquisition of a 23,164 sf Tesla Sales and Service Center located at 50 West Ogden Avenue in Westmont, IL. The property was acquired in a brokered transaction and adds another well-located asset to the firm’s growing portfolio of premier real estate assets throughout the United States.
Tesla benefits from a strong demographic profile including over 250,000 people with average incomes of over $139,000 within 5-miles. This location is one of only five Tesla service centers in the State of Illinois. The property is surrounded by other premier car dealerships including Mercedes-Benz, Porsche, and Lamborghini.
“We are very excited about this unique opportunity and are pleased to have Tesla as a tenant in our growing portfolio,” said Matt Annibale, Director of Acquisitions at First National Realty Partners. “We are confident in Tesla’s long-term performance here given how well-situated the property is in Westmont’s ‘Auto Mile’. Our team is excited to be a part of the Westmont community and we look forward to working with Tesla and other local stakeholders to ensure the continued success at this location.”
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