A shopping center on Chicago’s North Side is for sale by the insurance company that has owned it for more than two decades, and it's hitting the market when similar grocery-anchored properties with long-term leases are outperforming the sluggish investment sales market throughout the country.
Well-Leased Chicago Shopping Center Could Get First Owner in More Than Two Decades
Principal Insurance Puts Center Anchored by Grocer Jewel-Osco Up For Sale 22 Years After Buying It
By Ryan Ori
CoStar News
May 26, 2023 | 5:00 P.M.
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IN THIS ARTICLE
- Properties
- Old Town Square
425 Division St, Chicago, IL
- Contacts
- Christian Williams
Executive Vice President, CBRE
- George Good
Executive Vice President, CBRE
- Richard Frolik
Executive Vice President, CBRE