On the Market: 5 Interesting Listings for October

This month's listings include a charming 1928-built dinner theater in Connecticut and a stately U.S. Bank building in one of Illinois' wealthiest towns.

On the Market is a monthly department curating the most interesting recent for-sale CRE assets for less than $10 million. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.

Rendering credit: Moso Studio

Essex Crossing

Location: New York, NY

Size: 350,000 SF

Property Type: Office space

Developers: Delancey Street Associates (comprised of Taconic Investment Partners, BFC Partners and L+M Development Partners)

Delivery: expected in 2020

Highlights: Office components of Essex Crossing will be locate within two mixed-use buildings, both of which will include 1,079 units of housing, ground-floor retail, outdoor amenity spaces, the indoor Broome Street Gardens and the Market Line marketplace; office space will include floor-to-ceiling windows on all four sides feature views of the Midtown and Lower Manhattan skylines, high ceilings, bike rooms with showers, outdoor terraces and lobbies, atrium gathering and event spaces and direct access to the F, J, M and Z subway lines. 

Contact: James Yolles, Risa Heller, 646-676-4488

3380 Drennan Industrial Loop South

Location: Colorado Springs, Colo.

Price: $2.6 million

Building Size: 19,668 SF

Property Type: Industrial 

Highlights: Lot size of almost 3 acres; located near Colorado Springs Airport; two-story property; built in 2006. 

Contact: John Rodgers, Peak Commercial Properties, 719-227-9988

bankU.S. Bank Building

Location: Hinsdale, Ill. 

Price: $7.3 million 

Rentable SF: 12,936

Property Type: Office

Highlights: Four-story property occupied by U.S. Bank since 2003; U.S. Bank occupies the basement, two of the three floors, a retail branch on the ground floor and offices on the second and basement floors; prime location in the top one percent of the the wealthiest towns in Illinois; located 18 miles southwest of Chicago; Walk Score of 89. 

Contact: Alvin Mansour, The Mansour Group at Marcus & Millichap, 858-373-3187

irvine9551-9591 Irvine Center Drive

Location: Irvine, Calif. 

Price: $2.6 million 

Price/SF: $339

Units: 1

Unit Size: 7,572

Property Type: Condo/flex

Highlights: More than 7,500 SF industrial condo with 4,648 SF of office space; built in 2007; one ground-level door measuring 12 feet wide and 14 feet high; parking ratio is three to one; warehouse clear height is 22 feet; located within Koll Center II industrial park; rare corner unit with ample natural light; amenities include 24-hour availability, air conditioning, signage and skylights. 

Contact: Todd Swanson, Lee & Associates, 949-790-3169

gibsonGibson Cafe & Theater

Location: Winsted, Conn.

Price: $950,000

Rentable SF: 11,119 SF

Property Type: Retail/movie theater

Year Built: 1928

Highlights: Two-screen dinner theater showing first-run movies; main level has 160 seats and second level has 55 seats; theater has full kitchen and two full bars; separate Mexican restaurant and bar onsite seats 14 and has separate utilities; three restrooms and one ADA-compliant restroom.

Contact: Gerry Matthews, Matthews Commercial Properties, 203-753-5800

All images and information are property of the respective brokerage firms or broker, unless otherwise noted.