Morton Grove, Ill. — Kensington Development Partners and IM Properties have acquired Prairie View Plaza Shopping Center, a 310,000-square-foot retail center in Morton Grove.
Woodridge, Ill. — North American Real Estate (NARE) has acquired Woodgrove Festival in Woodridge, located 29 miles west of Chicago, for $20 million.
Arlington Heights, Ill. — CBRE has arranged the $25.5 million sale of a 66,393-square-foot retail property occupied by Mariano’s Fresh Market in Arlington Heights, located 25 miles northwest of Chicago.
Midlothian, Ill. — Quantum Real Estate Advisors Inc. has arranged the $6.2 million sale of Mid-Oak Plaza in Midlothian, a southwestern suburb of Chicago.
Oak Park, Ill. — SRS Real Estate Partners has arranged the sale of a 22,000-square-foot retail real estate property leased to Target in Oak Park, located nine miles west of Chicago.
Palos Heights, Ill. — The Boulder Group has arranged the $15.5 million sale of a single-tenant property net leased to Jewel-Osco in Palos Heights, 25 miles southwest of Chicago.
Chicago — HFF has arranged the $16 million sale of a 13,062-square-foot retail space in Chicago’s financial district.
Lansing, Ill. — Encore Real Estate Investment Services has arranged the $1.8 million sale of a Dollar Tree store located in Lansing, 25 miles south of Chicago.
Chicago — Craft brewery 5 Rabbit Cerveceria has signed a 12,000-square-foot lease to be the first retail tenant at Mural Park in Chicago’s Pilsen neighborhood.
Chicago — Summit Design + Build LLC has completed the renovation of a 13,000-square-foot retail building in Chicago.