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New York Investor Sells Three Chicago-Area Shopping Centers for Almost $110 Million

DRA Advisors Expands Disposition of Inland Portfolio
Balboa Retail Partners has paid $50.75 million for the Shops at Orchard Place shopping center in Skokie, Illinois. (Laurel Turton/CoStar)
Balboa Retail Partners has paid $50.75 million for the Shops at Orchard Place shopping center in Skokie, Illinois. (Laurel Turton/CoStar)
CoStar News
February 13, 2024 | 9:20 P.M.

A New York-based investor has sold three shopping centers in the Chicago suburbs for almost $110 million combined as it expands a sell-off of a sprawling retail portfolio it bought in 2016.

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