New Lenox, Ill. — Marcus & Millichap has arranged the sale of Calistoga Plaza in New Lenox, a city 40 miles southwest of Chicago, for $4.5 million.
Palatine, Ill. — Inland Private Capital Corp. (IPC) has sold a 71,324-square-foot retail building occupied by Mariano’s Fresh Market in Palatine, 30 miles northwest of Chicago, for $29 million.
Des Plaines, Ill. — Marcus & Millichap has arranged the $13 million sale of Metropolitan Square, a 120,983-square-foot mixed-use center in Des Plaines, 25 miles northwest of Chicago.
Peoria, Ill. — Miller Capital Advisory Inc. has sold The Shoppes at Grand Prairie, a 468,127-square-foot retail center in Peoria. Amy Sands, Clinton Mitchell, Barry Brown and Claudia Steeb of HFF represented Miller Capital in the transaction.
Deerfield, Ill. — Walgreens Boots Alliance Inc. (NASDAQ: WBA) plans to shutter 600 of its stores as part of its $4.38 billion purchase of rival Rite Aid Corp.
Algonquin, Ill. — Realty Metrix Commercial has negotiated the sale of Algonquin Town Center, a 103,266-square-foot retail center located in Algonquin, a northwest suburb of Chicago.
Lombard, Ill. — Mid-America Real Estate Corp. has arranged the sale of a Mariano’s store in the Chicago suburb of Lombard for $20 million.
Chicago — Structured Development has acquired a 40,000-square-foot loft office building in Chicago’s Lincoln Park for an undisclosed price.
Westmont, Ill. — Associated Bank has provided a $25 million loan for the refinancing of a single-tenant building occupied by Mariano’s Fresh Market in Westmont, about 20 miles west of Chicago.
Barrington and Elmhurst, Ill. — Millennium Properties has arranged the sale of two retail centers in suburban Chicago.