Glen Ellyn, Ill. – New York-based American Realty Capital Properties Inc. purchased the 30,877-square-foot center for an undisclosed sales price.
Frankfort, Ill. – Prairie Crossings Shopping Center includes tenants such as Bed Bath & Beyond, Sports Authority, Office Depot, Famous Footwear, Chipotle and Panera.
Lincolnshire, Ill. – Lincolnshire Commons was developed in 2007 by General Growth Properties.
Schaumburg, Ill. – The transaction went under contract in fewer than 30 days.
Bloomingdale, Ill. – The property was developed in 1981.
Oak Brook, Ill. – The 15-property portfolio of retail centers is located across eight states, totaling approximately two million square feet.
Bolingbrook, Ill. – The shopping center is nearly 93 percent occupied.
Hoffman Estates, Ill. – Both properties are approximately 90 percent leased.
Niles, Ill. – Nearly 350,000 people live within a five-mile radius of the property, where the average household income is more than $85,000.
Aurora, Ill. – The multi-million dollar project will expand the outlet center by almost two-thirds for a future total of more than 170 stores.