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New York Investor Buys Shopping Center Near Chicago Bears' Proposed Suburban Stadium

Time Equities Pays More Than $18 Million for Arlington Town Square Northwest of Chicago

The Arlington Town Square shopping center in Arlington Heights, Illinois, has been sold to Time Equities. (CoStar)
The Arlington Town Square shopping center in Arlington Heights, Illinois, has been sold to Time Equities. (CoStar)

A New York-based investor has paid more than $18 million for a shopping center in Chicago’s northwest suburbs, less than 2 miles from where the NFL’s Chicago Bears want to build a multibillion-dollar stadium complex.

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