Illinois

Lemont, Ill. — Cooper Commercial Investment Group has brokered the $8.1 million sale of Centennial Plaza, a 38,500-square-foot retail center located in the Chicago suburb of Lemont. Jewel-Osco shadow-anchors the center, which was 97 percent leased at the time of sale. Bob Havasi and Dan Cooper of Cooper Group represented the seller, a New Jersey-based private investment group. A California-based private group was the buyer. The asset traded at a cap rate of 7.4 percent.

Wilmette, Ill. — The Boulder Group has brokered the sale of a portfolio of properties net leased to Dollar General for $5.4 million. The four single-tenant buildings are located in Battle Creek, Michigan; Bedford, Indiana; Sheffield, Illinois; and Streator, Illinois. Randy Blankstein and John Feeney of Wilmette-based Boulder represented the seller, a West Coast-based private individual, as well as the buyer, a Midwest-based institution. Each property has 10 to 12 years remaining on its lease term.

St. Charles, Ill. — Colliers Chicago has arranged the sale of 1st Street Development, a mixed-use development in the heart of St. Charles, about 40 miles west of Chicago. The five-building asset consists of retail, office and residential space. The properties include: The Plaza, a two-story retail and office building; Ale Building, a four-story office and retail asset; River Loft, a five-story office, retail and condo property; Sterling Building, a five-story office and condo building; and Building 7A, a three-story retail and residential asset. The property was 97 percent leased …

Champaign, Ill. — Quantum Real Estate Advisors Inc. has negotiated the $4.3 million sale of a 24,454-square-foot retail center in Champaign. Located at 2012-2032 N. Prospect Ave., the property is home to tenants including David’s Bridal, America’s Best Eyewear, Little Caesars Pizza and Sally Beauty. Chad Firsel and Jason Lenhoff of Quantum represented the seller, Core Acquisitions LLC. A private real estate investor was the buyer.

Glen Ellyn, Ill. — JLL Capital Markets has brokered the $30.2 million sale of Market Plaza in the Chicago suburb of Glen Ellyn. Jewel-Osco anchors the 166,572-square-foot retail center. Built in 1965 and renovated in 2009, Market Plaza is home to tenants such as Ross Dress for Less, Dollar Tree, Staples, Sherwin-Williams, Sweet Basil, H&R Block, Royal Nail and Spa and Goldfish Swim School. Amy Sands, Clinton Mitchell and Michael Nieder of JLL represented the seller, RPT Realty. North American Real Estate Group was the buyer.