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Shopping Center Near Chicago Trades As Slow Year for Retail Property Sales Nears End

Phillips Edison Buys Glenbrook Marketplace in Glenview, Illinois

The Glenbrook Marketplace shopping center north of Chicago has sold for more than $13 million. (Zach Lipp/CoStar)
The Glenbrook Marketplace shopping center north of Chicago has sold for more than $13 million. (Zach Lipp/CoStar)

A Chicago investor has sold a shopping center in the northern suburbs for more than $13 million, closing out what appears to be a profitable investment near the end of a slow year for real estate deals.

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