Renewable Properties

Deer Park Town Center, an open-air shopping center in the Chicago suburb of Deer Park, Illinois, has been sold for $125 million in the largest retail property sale in the Chicago area in a decade. The deal stands out amid a generally slow period for commercial real estate transactions, drawing attention to renewed investor interest in suburban retail centers.

Renewable Properties has acquired a 71.8 MW solar portfolio in Pennsylvania, located within the PJM electricity grid region. The deal adds to the company's growing renewable energy assets in the state and reflects continued investment in utility-scale solar across the PJM market.