CHICAGO-Chicago-based Newcastle Ltd. has acquired Jewel-Osco, a 50,000-square-foot retail chain at 5343 N. Broadway in Edgewater, for $8 million. The company has purchased the 2.8-acre site, which contains 160 parking spaces, from a trust managed by the Lill family.
This is the fifth acquisition for the company since December, including a 227 E. Ontario St. retail property in Streeterville and a 670 W. Diversey Parkway retail property in Lakeview. Marc Imrem with Baum Realty Group LLC represented the seller.For the full story, go to Crain's Chicago Business.
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