Adelphia Properties Arranges $4.1 Million Acquisition of Retail Property in Suburban Chicago

Downers Grove, Ill. — Adelphia Properties has arranged the sale of a newly constructed retail building located in the Chicago suburb of Downers Grove.

A private investor acquired the property from the undisclosed developer for $4.1 million. BMO Harris Bank and Chipotle Mexican Grill occupy the 5,305-square-foot building. Simeon Spirrison and George Spirrison of Adelphia Properties represented the buyer in the deal.