Illinois

Deerfield, Ill. — Mid-America Real Estate Corp. has brokered the sale of Deerbrook Shopping Center, a 428,612-square-foot open-air center located in Deerfield, approximately 28 miles north of downtown Chicago. The purchase price was $44 million, according to several media sources. The property spans 47.5 acres and is anchored by Jewel-Osco. Additional tenants include Marshalls, Floor & Décor, Sky Zone, Office Depot, Starbucks Coffee, Panera Bread, Noodles & Co., Sleep Number, City BBQ, Mattress Firm and Subway. Rick Drogosz, Joe Girardi and Patrick Corrigan of Mid-America represented the seller, a global investment advisor, …

Batavia, Ill. — Mid-America Real Estate Corp. has brokered the sale of Wind Point Shopping Center, a 255,704-square-foot grocery-anchored shopping center located in Batavia, a western suburb of Chicago. Aldi anchors the property, which was 98.7 percent leased at the time of sale. Other tenants include Kohl’s, Hobby Lobby, Harbor Freight Tools, OfficeMax, HobbyTown, Pickled!, Petland and AT&T. Ben Wineman and Emily Gadomski of Mid-America Real Estate Corp. represented the seller, New Orleans-based PMAT Real Estate Investments. The center was acquired by Fayetteville, Arkansas-based Core Equity Partners.

Batavia, Ill. — Cushman & Wakefield has negotiated the sale of Fabyan Randall Plaza, a 91,415-square-foot neighborhood retail center located in Batavia, a western suburb of Chicago. Trader Joe’s anchors the property, which features a mix of additional retailers including Sierra Trading Post, Dollar Tree and a freestanding Walgreens. Evan Halkias and David Matheis of Cushman & Wakefield, along with Glenn Rudy of Newmark Pacific, represented the seller, Plano, Texas-based NetCo Investments Inc., in the transaction. The buyer was a private investor.

Niles, Ill. — New York City-based KPR Centers has acquired Pointe Plaza, a 195,000-square-foot shopping center located in Niles, roughly 15 miles north of downtown Chicago, for $40 million. A Fresh Farms grocery store anchors the property, which was 94 percent leased at the time of sale. Other tenants include Ross Dress for Less, dd’s Discounts, Daiso, America’s Best Contacts & Eyeglasses, Bath & Body Works, Crumbl Cookies and Verizon Wireless, along with multiple free-standing outparcels such as Chick-fil-A, Walgreens and Wells Fargo. Richard Frolik, Christian Williams and George Good …