AmCap, Encore Acquire 107,431-Square-Foot Shopping Center in Chicago Suburb

by Hayden Spiess

Wauconda, Ill. — AmCap Inc., in a joint venture with Encore Enterprises, has acquired Liberty Square, a 107,431-square-foot retail center located in the Chicago suburb of Wauconda. Anchored by a 54,522-square-foot Jewel-Osco, the shopping center was 97 percent leased at the time of sale to tenants including UPS, Charter Fitness, KFC, Subway, Pet Supplies Plus and PNC Bank. This acquisition marks AmCap’s fifth grocery-anchored retail center in the Chicago area. Ben Wineman of Mid-America Real Estate Corp. brokered the transaction.

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