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.
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.
Hoffman Estates, Ill. — In its first-quarter results released today, Sears Holdings Corp. says that it has identified approximately 100 non-profitable stores, 72 of which will begin store-closing sales in the near future.
Wheeling, Ill. — The Lynmark Group has broken ground on three new retail tenants at Wheeling Town Center, a mixed-use development in the Chicago suburb of Wheeling.
McHenry, Ill. — Mid-America Real Estate Corp. has arranged the $32 million sale of The Shops at Fox River, a 340,849-square-foot shopping center in McHenry, located 60 miles northwest of Chicago.