Bourbonnais, Ill. — The Silver Group has arranged the sale of a retail building net leased to Jiffy Lube in Bourbonnais, approximately 60 miles southwest of Chicago.
Chicago — A joint venture between M&R Development and Bucksbaum Retail Properties LLC has acquired a 2.3-acre site in Chicago’s Lakeview neighborhood for the future development of Addison & Clark, a mixed-use retail and multifamily property.
Associated Bank Provides $4.65M Acquisition and Construction Loan for Retail Center in Metro Chicago
Gurnee, Ill. — Associated Bank has provided a $4.65 million acquisition and construction loan for Gurnee Investment Partners LLC to acquire land and construct a 14,800-square-foot retail center in the Chicago suburb of Gurnee.
Fenton, Ill. — Mid-America Real Estate Corp. has arranged the $15 million sale of Fenton Commons, an 82,242-square-foot shopping center located in the St. Louis suburb of Fenton.
Hazel Crest, Ill. and Birmingham, Ala. — Baceline Investments LLC has acquired two shopping centers totaling 115,000 square feet in the Chicago suburb of Hazel Crest and Birmingham.
Chicago — Chicago-based BlueRoad Ventures has acquired a $139 million national retail portfolio consisting of 48 assets across 18 states from Brauvin Net Lease.
Chicago — Barnett Capital has sold a 90,490-square-foot, five-story retail property in the Lakeview neighborhood of Chicago for $5.7 million.
Elk Grove Village, Ill. — MB Real Estate has arranged the $6.8 million sale of Strawberry Hill Plaza, a 24,910-square-foot retail property located in Elk Grove Village, approximately 25 miles northwest of Chicago.
Chicago — Tucker Development, in partnership with Acadia Realty Trust, has acquired a portfolio of ten buildings located on the 900 block of West Randolph Street in the Fulton Market District of Downtown Chicago for redevelopment.
Glenview, Ill. — A fund advised by CBRE Global Investors has acquired The Shops at Glen Pointe, a grocery- and fitness-anchored shopping center located in the Chicago suburb of Glenview.