Decades after its late patriarch helped transform the Fan into what it is today, the Eck family is preparing to hand off its extensive portfolio in the neighborhood to a new owner.

The majority of Eck Enterprises’ portfolio of over 150 properties in the Fan is under contract to be sold. Many of the parcels, which include retail, multi-family residential and mixed-use buildings, line West Cary and Main streets near VCU’s Monroe Park campus.

The Eck family, through a spokesperson, said in a statement that they’ve decided to exit the real estate business and declined to comment further.

The offering hit the market earlier this month, with Commonwealth Commercial’s Kit Tyler and Nash Warren handling the listing. Tyler confirmed that over 90 percent of the Eck portfolio is under contract to an undisclosed buyer.