CHICAGO-White Plains, New York-based Acadia Realty Trust haspurchased Trader Joe's, Express and Urban Outfitters stores inLincoln Park. The 651-671 W. Diversey Parkway retail property,which measures 44,000 square feet, was redeveloped by a venture ofM Development LLC's Mark Hunt and Structure Management MidwestLLC's Fred Latsko.

Acadia paid $28.4 million for the Lincoln Park property in May.The retail real property investment firm paid $31.6 million inApril for a small strip center in the Heritage condominiumtower.For the full story, go to Crain's Chicago Business.


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
NOT FOR REPRINT

© 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.