Hoffman Estates, Ill. — SVN Chicago Commercial has arranged the $9 million sale of Barrington Square Town Center, a 101,796-square-foot neighborhood center located in the Chicago suburb of Hoffman Estates. Wayne Caplan and Al Lindeman of SVN Chicago Commercial represented the sellers, Dutch-based ownership group Depa Holding Co., and its U.S. partner, Caruso Development Corp. Harris Ali of Sky High Real Estate represented the buyer, a local investment group. This transaction marks the first time the property has been sold.
Situated at 2300-2356 West Higgins Road on 11 acres, Barrington Square Town Center is nearly fully leased to a mix of tenants such as Poplar Creek Bowl, Hugs + Mugs Gift Shop & Café, GiGi’s Playhouse and Garibaldi’s Italian Eatery.