Illinois

Normal, Ill. — Mid-America Real Estate Corp. has arranged the sale of Shoppes at College Hills, a 144,555-square-foot lifestyle center located in the college town of Normal. Hobby Lobby anchors the center, which was 96 percent leased at the time of sale. Additional tenants include J.Crew Factory, Starbucks, JD Sports, Maurices, Buckle, Comcast, Dry Goods, Charles Schwab, Massage Envy, J. Jill, Bath & Body Works, Chico’s, Soma, WHBM and Crumbl Cookies. Ben Wineman of Mid-America represented the seller, a joint venture between M&J Wilkow and ALTO Real Estate Funds, in the …

Orland Park, Ill. — Marcus & Millichap has brokered the $2.1 million sale of the Shops at Orland, a 15,886-square-foot retail strip center located at 11229 W. 143rd St. in the southern Chicago suburb of Orland Park. Built in 2003, the six-suite retail property is currently 48 percent vacant. RoccoVino’s Italian Restaurant anchors the property. Austin Weisenbeck and Sean Sharko of Marcus & Millichap marketed the property on behalf of the seller, a private investor group, and procured the buyer, a private, out-of-state 1031 buyer, in the transaction.

Orland Park, Ill. — Mid-America Real Estate Corp. has arranged the sale of Orland Park Place, a 580,477-square-foot shopping center in the southern Chicago suburb of Orland Park. The sales price was $60 million, according to Crain’s Chicago Business. Orland Park Place, which was 93 percent leased at the time of sale, included a mix of tenants such as Nordstrom Rack, Marshalls, Ross Dress for Less, Dick’s Sporting Goods, Steinhafel’s Furniture, Ashley Home Store, Hobby Lobby, DSW, Barnes & Noble and Planet Fitness. The sale included the primary 568,577-square-foot inline …

Elmwood Park, Ill. — Greenstone Partners has brokered the $5.2 million sale of Elmwood Commons, a 16,840-square-foot retail center in the Chicago suburb of Elmwood Park. The property sold to an institutional investor for the full list price. Developed in 1991, the multi-tenant center has maintained near full occupancy since its construction and features a weighted average lease tenure of 15.6 years. Longstanding tenants include FedEx Office, which has occupied its space for 34 years, Wingstop (24 years), Jimmy John’s (19 years), Betty’s (12 years) and Happy Wok (11 years). …

Oak Lawn, Ill. — Marcus & Millichap has arranged the $4.5 million sale of Park Lawn Plaza, a 13-suite retail property in the Chicago suburb of Oak Lawn. The property, which was 84 percent occupied at the time of sale, spans 2.5 acres and totals 24,685 square feet. Tenants include Cutting Edge Salon, The Black Oak, Cicero Dental and Athletico Physical Therapy, according to LoopNet Inc. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller, a local real estate investment company. The buyer was a …