A California-based investor has paid more than $42 million for a Mariano’s grocery store in Chicago’s northern suburbs, leaving CBRE Investment Management with a loss on a two-transaction sale of the Shops at Glen Pointe shopping center.
CBRE Investment Management Takes Loss in Two-Deal Sale of Chicago-Area Shopping Center
ExchangeRight Pays More Than $42 Million for Mariano’s Grocery Store in Northbrook
By Ryan Ori
CoStar News
November 9, 2022 | 7:20 P.M.
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IN THIS ARTICLE
- Properties
- Mariano's
2323 Capital Dr, Northbrook, IL
- Companies
- CBRE Investment Management
Real Estate