CHICAGO- Regency Centers Corp., a Jacksonville-based operator,owner and developer of community and grocery anchored shoppingcenters, has acquired the Glen Oak Plaza in Glenview, Illinois, for$18 million.


Regency bought the 62,443 square-foot shopping center from aChicago-based family owned realty partnership. The Glen Oak Plazais anchored by a Walgreens store measuring 15,754 square feet and aTrader Joe's grocery store measuring 11,944 square feet. At thetime of closing, the center was 97% occupied. For the fullstory, go to Jacksonville BusinessJournal.

GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.