Wheeling, Ill. — Marcus & Millichap has negotiated the $2.4 million sale of Pete Miller’s Steak House and 227,685 square feet of land in the Chicago suburb of Wheeling.
Chicago — Mid-America Real Estate Corp. has arranged the $150 million sale of a five-property retail portfolio in Chicago known as the Smithfield Chicago Urban Portfolio.
Vernon Hills, Ill. — Inland Private Capital Corp. has sold a Mariano’s Fresh Market located in Vernon Hills, roughly 35 miles north of Chicago, for $36.4 million.
Chicago — A joint venture between M&R Development and Bucksbaum Retail Properties LLC has broken ground on Addison & Clark, a mixed-use development situated on 2.3 acres across the street from Chicago’s Wrigley Field.
Homewood, Ill. — A joint venture between Besyata Investment Group and ALTO Real Estate Funds has acquired Washington Park Plaza, a 235,000-square-foot shopping center located in the Chicago suburb of Homewood, for $32 million.
Woodridge, Ill. — Colliers International has arranged the $7.4 million sale of Main Street at Seven Bridges, a five-building, mixed-use development located in the Chicago suburb of Woodridge.
Woodbury, Minn. and Joliet, Ill. — Cronheim Mortgage has arranged two loans totaling $16.9 million to refinance two Gander Mountain stores in the Midwest.
Chicago — Novak Construction has finished work on a 30,000-square-foot Whole Foods Market at the City Hyde Park development. The store, located at 5118 S. Lake Park Ave., features a secret society theme and pays homage to the University of Chicago. The store features a dark blue and brass color scheme and other décor related to the university. The project also included installing a mechanical system and an underground parking garage. Jeanne Gang designed the City Hyde Park project.
Chicago — Intercontinental Real Estate Corp. has sold the River East Center, a 251,060-square-foot, mixed-use property in the Streeterville area of downtown Chicago.
Chicago — Cushman & Wakefield has arranged the $53.2 million sale of a 33,597-square-foot retail property in Chicago’s Gold Coast neighborhood.