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| Amy Sands |
CHICAGO, IL – JLL Capital Markets has closed the sale of Prairie Point Shopping Center, a 91,535-square-foot neighborhood shopping center anchored by Mariano’s Fresh Market in the Chicago-area community of Aurora, Illinois.
JLL advised the seller, Walton Street Capital.
Prairie Point Shopping Center is anchored by
Mariano’s Fresh Market, a Midwestern grocery store chain that is part of the
Kroger family of companies, and is also home to a variety of national and
regional tenants, including Pet People, Prairie Point Dental, Buchar Family
Chiropractic and Hair Cuttery.
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| Clinton Mitchell |
Situated on 10.33 acres at 3015-3025 East New York St., Prairie Point Shopping Center is in the affluent western suburb of Aurora, the second most populous city in Illinois after Chicago.
More than
76,500 residents earning an average annual household income of $113,693 live
within a three-mile radius of the center.
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| Michael Nieder |
The JLL Retail Capital Markets team representing
the seller was led by Managing Directors Clinton Mitchell and Amy Sands and
Director Michael Nieder.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
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| Prairie Point Shopping Center, Aurora, IL |
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.
The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please visit our newsroom.
Contact:
Kimberly Steele,
JLL Manager
Public Relations
Phone: +1 713 852 3420
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