Major Chicago-area retail deal underscores investor appetite for shopping centers

Fairbourne Properties, Harbert Management acquire Village Crossing in Skokie for $122 million

Village Crossing, a shopping center in Skokie, Illinois, has sold for $122 million. (Jon Song/CoStar)

CoStar News

September 3, 2026 | 6:33 P.M.

A massive shopping center just north of Chicago has sold for $122 million, the area’s highest price for a retail property in a decade.

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