CHAMPAIGN — A local real estate company with a large presence in the Champaign-Urbana area has acquired three downtown properties that were recently embroiled in foreclosure litigation.
“We are pleased to officially announce that Green Street Realty will acquire 802-804 N. Neil, 106-108 S. Neil, and 111-113 N. Walnut in Champaign,” said Emerald of Green Street Realty. Partners shared on social media. “CRS Hospitality will work with Green Street Realty to manage and operate the Carmon space. Our goal is to retain and work with all previously booked events.”
For more information on previously scheduled events or to book an event, please contact events@crshospitality.com.
Other businesses on site include Surface 51 (106 S. Neil St.) and Plant Mode (113 N. Walnut St.).
Gass & Associates brokered the sale, and Emerald Partners was appointed by real estate agent Shannon Shannon, chief acquisition officer of Green Street Realty and owner and CEO of Emerald Partners. He also praised Collins’ work on the deal.
First Mid Bank & Trust and former property owner Downtown Champaign Holdings LLC reached an agreement in October to consent to foreclosure on the three properties.
