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Retail

IllinoisRetail

Mid-America Real Estate Corporation sells Orland Park Place retail center in Orland Park

Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Orland Park Place, the dominant open-air regional center serving the affluent Chicago suburb…
March 12, 2024
IllinoisRetail

Mid-America Real Estate brokers sale of grocery-anchored center in Downers Grove

Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Downers Park Plaza, a 94% leased grocery anchored shopping center located in the…
March 7, 2024
MichiganMinnesotaTexasWisconsinRetail

Aldi, Sprouts lead the way as grocery stores continue to navigate a challenging economy

Grocery stores faced the same challenge that all retailers faced in 2023: Customers struggling with economic uncertainty and persistent inflation were likely to spend less…
Dan Rafter March 7, 2024

Hanley Investment Group closes $7.67 million sale of Topgolf property in Omaha

Hanley Investment Group Real Estate Advisors arranged the sale of a new, single-tenant triple-net-leased investment property occupied by Topgolf in Omaha, Nebraska. This is presently…
March 5, 2024
TexasNet LeaseRetail

The Boulder Group closes sale of Sonic property in Irving

The Boulder Group completed the sale of a single-tenant ground-leased Sonic Drive-In property at 900 W. John Carpenter Freeway in Irving, Texas, for $1.81 million.…
March 4, 2024
TexasRetail

Peak Development Partners sells 14 acres in McKinney

Peak Development Partners sold a 14-acre parcel of land at the corner of El Dorado Parkway and Stonebridge Drive in McKinney, Texas, to SLX Development…
March 4, 2024
TexasRetail

JLL Capital Markets closes sale of 106,858-square-foot retail center in Houston

JLL Capital Markets brokered the sale of Garden Oaks, a 106,858-square-foot, grocery-anchored retail center located in Houston. The center includes Aldi, Planet Fitness, Dollar Tree,…
March 1, 2024
IllinoisRetail

Mid-America Asset Management taking on management duties for University of Chicago’s CRE operations

Mid-America Asset Management Inc. was awarded the management and accounting services for The University of Chicago’s Commercial Real Estate Operations in Chicago, with over 600,000…
February 26, 2024
IllinoisFinanceRetail

Bernard Financial Group closes $7.8 million loan for grocery-anchored shopping center in Downers Grove

Bernard Financial Group arranged a $7.8 million permanent life insurance company acquisition loan for a 124,005-square-foot grocery-anchored retail shopping center in Downers Grove, Illinois. The…
February 26, 2024
IllinoisMidwestRetail

Investors targeting urban retail? JLL predicts that it’s going to happen this year

Investors looking for somewhere to sink their dollars this year? Many will purchase retail assets, according to the latest research from JLL.
Dan Rafter February 21, 2024
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