✉news BusinessRetail first seen 9 h ago, last 19 min ago, peak #2
Deer Park Town Center sells for $125 million
Original: Deer Park Town Center sells for $125 million in Chicago area's biggest retail sale in a decade
Deer Park Town Center, an open-air shopping center in the Chicago suburbs, has been sold for $125 million in the largest retail property transaction in the Chicago area in ten years. The deal stands out amid a sluggish period for retail real estate, and is drawing attention locally as a sign of renewed investor confidence in suburban shopping centers.
Why now: It is the biggest retail real estate sale in the Chicago area in a decade, marking a notable shift in the local commercial property market.
Deer Park Town CenterDeer Park, IllinoisChicago
Evidence
- Deer Park Town Center sells for $125 million in Chicago area's biggest retail sale in a decade · Lake and McHenry County Scanner
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