Cushman & Wakefield Brokers Sale of 320,933-Square-Foot Shopping Center in Springfield, Illinois

Springfield, Ill. — Cushman & Wakefield has brokered the sale of White Oaks Plaza, a 320,933-square-foot regional shopping center located in Springfield. The sales price was not disclosed, but Cushman & Wakefield states that the transaction represents one of the largest open-air shopping center deals in the region’s history. The property is home to more than 50 retailers and is anchored by Kohl’s, as well as T.J. Maxx, HomeGoods and Sierra. Additional tenants include Harvest Market, Chili’s Grill & Bar, Olive Garden, Petco and a freestanding Skechers outlet. The center is situated immediately west of Veteran’s Parkway, the area’s main north-south thoroughfare, and across from White Oaks Mall. Evan Halkias, Mark Gilbert, Zander Fried and David Matheis of Cushman & Wakefield represented the seller, Washington Prime Group, in the transaction. The R.H. Johnson Co. was the buyer.