The buyer of a freestanding, 4,590-square-foot building in downtown Freeport said he was attracted to its size and prime location as having good potential for a retail tenant.
The Yilmaz Family LLC purchased the former KeyBank branch at 135 Main St. for an undisclosed amount. The list price was $675,000.
“We believe in Freeport as a solid investment,” said Joseph Yilmaz, who owns additional properties in town. “We appreciate the integrity and candor of those in Freeport’s town government. We also appreciate the culture of decency and high ethical standards established by Freeport’s business community. It’s a good community to support and to know you’re supported in return.”
Yilmaz was represented by the Boulos Co.’s Samantha Marinko and Greg Boulos. Boulos’ Jon Rizzo and Sasha Phillips along with Kristen Schneider of Chicago real estate firm JLL, formerly Jones Lang LaSalle IP Inc., represented KeyBank.
Said Yilmaz, “I also have to credit the people who helped close this deal, including Lindsay Harris and her team from Gorham Savings Bank, the attorneys who worked together very effectively, and both sides of the brokerage team for being good stewards from the inception through closing.”