Fairview Heights, Ill. — Acadia Strategic Opportunity Fund IV has acquired Lincoln Place in Fairview Heights near St. Louis for $35.4 million.
Schaumburg, Ill. — Quantum Real Estate Advisors Inc. has brokered the sale of the Shoppes at Prime Village in the Chicago suburb of Schaumburg for $2.3 million.
Mount Prospect, Ill. — Adelphia Properties has arranged the $3.4 million sale of a two-tenant retail building located roughly 25 miles outside Chicago in Mount Prospect.
Richton Park, Ill. — The Philpsborn Co. has secured a $2.2 million refinancing for Sauk Trail Plaza, a 30,267-square-foot shopping center located roughly 30 miles south of Chicago in Richton Park.
Chicago — Mid-America Real Estate Corp. has arranged the $53 million sale of Webster Place, a 134,918-square-foot shopping center located in the Lincoln Park neighborhood of Chicago.
Aurora, Ill. — Adelphia Properties has negotiated the sale of a multi-tenant retail building in Aurora for $5.2 million.
Warrenville, Ill. — Quantum Real Estate Advisors Inc. has arranged the sale of Cantera Commons, a shopping center comprised of two multi-tenant buildings located roughly 30 miles outside Chicago in Warrenville.
Glenview, Ill. — Baum Realty Group LLC has arranged the sale of a retail building in Glenview, a suburb of Chicago, for $1 million.
Normal, Ill. — A joint venture between ALTO Real Estate Funds and M & J Wilkow Ltd. has acquired The Shoppes at College Hills and The Plaza at College Hills, a 441,995-square-foot open-air shopping center located in Normal, Illinois.
Chicago — Mid-America Real Estate Corp. has arranged the $81 million sale of 3030 North Broadway, a 137,618-square-foot shopping center located in the Lincoln Park neighborhood of Chicago.