Normal, Ill. — A joint venture between ALTO Real Estate Funds and M & J Wilkow Ltd. has acquired The Shoppes at College Hills and The Plaza at College Hills, a 441,995-square-foot open-air shopping center located in Normal, Illinois.
Chicago — Mid-America Real Estate Corp. has arranged the $81 million sale of 3030 North Broadway, a 137,618-square-foot shopping center located in the Lincoln Park neighborhood of Chicago.
Chicago — Invesco has sold Broadway at Surf, a 134,285-square-foot, grocery-anchored shopping center located between Chicago’s Lincoln Park and Lakeview neighborhoods.
Naperville, Ill. — Retail Properties of America Inc. (RPAI) has acquired Main Street Promenade, a 182,000-square-foot mixed-use development located 30 miles from Chicago in Naperville.
Aurora, Ill. — HFF has secured a $100 million refinancing for Fox Valley Mall, a 1.4 million-square-foot enclosed regional mall located in the Chicago suburb of Aurora.
Shorewood, Ill. — Mid-America Real Estate Corp. has arranged the sale of Shorewood Crossing, a 173,981-square-foot shopping center located roughly 45 miles outside Chicago in Shorewood.
Crystal Lake, Ill. — Mid-America Real Estate Corp. has arranged the sale of a 66,066-square-foot portion of Bohl Farm Marketplace, a shopping center located in the northwest Chicago suburb of Crystal Lake.
Lockport, Ill. — The Boulder Group has arranged the sale of a single-tenant property net leased to US Bank in Lockport, 30 miles southwest of Chicago, for $2.1 million.