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.
Chicago and Naperville, Ill. — Horizon Realty Services has closed two lease transactions for Kilwins Chocolates, Fudge and Ice Cream in metro Chicago.
Associated Bank Provides $25 Million Refinance Loan for Mariano’s-Occupied Building in Metro Chicago
Orland Park, Ill. — Associated Bank has provided a $25 million loan for the refinancing of a 73,180-square-foot retail building occupied by Mariano’s Fresh Market in Orland Park, a suburb of Chicago.
Chicago — Starbucks Coffee Co. has unveiled plans to open a Starbucks Reserve Roastery in Chicago in 2019.