Source: Chicago Tribune

Arlington Towne Center

Shopping center in arlington heights, il

Size: Approximately 90,000 square feet

Acquisition Date: September 2015

Acquired in partnership with a family foundation, the property is a highly visible and well-located shopping center anchored by Dollar Tree, O’Reilly Auto Parts, Pet Supplies Plus, and Davita.  The shopping center will be undergoing a capital improvement plan consisting of roof, façade, and parking lot improvements and was purchased with the objective of generating long-term, stable cash flow.