Glenview, Ill. — Mid-America Real Estate Corp. has arranged the $50 million sale of Glen Gate Shopping Center, a 102,879-square-foot Mariano’s-anchored shopping center located in the Chicago suburb of Glenview.
East Peoria, Ill. — The Boulder Group has arranged the $2.8 million sale of a single tenant net-leased OfficeMax property in East Peoria.
Oak Brook, Ill. — Retail Properties of America Inc. has hired Heath Fear as the company’s new Chief Financial Officer.
Dublin, Calif. — Dublin-based Ross Stores Inc. will open five new Ross Dress for Less locations in Tennessee, Indiana, North Carolina and Illinois.
Chicago — KBS and CBRE have announced that six new restaurants—Eastman Egg Company, BenjYehuda, Piggy Back Tavern BBQ, Madison Tavern, Halsted Street Deli and Freshii—will open at Marketplace@500, the recently renovated dining court at 500 W. Madison in Chicago.
West Dundee, Ill. — Rouse Properties Inc. will begin the redevelopment of Spring Hill Mall, a 1.2 million-square-foot, single-level regional mall located in the Chicago suburb of West Dundee.
Lemont, Ill. — Lemont-based Englewood Construction has completed seven retail projects throughout the country.
Chicago — NorthPoint Capital Funding Inc. has appointed Rick Rodriguez as director of loan originations.
Huntley, Ill. — Heartland Dental has acquired 1.45 acres at Huntley Grove Shopping Center, a 350,000-square-foot center located in the western Chicago suburb of Huntley.
Mount Prospect, Ill. — DLC Management Corp. has acquired Randhurst Village, a mixed-use, open-air retail center with over a million square feet of leasable space located in the Chicago metro area.