CHICAGO-A venture headed by investment partners Douglas Johnson, Scott Stefanik and Roy Gottlieb has reduced its asking price for a shopping center measuring 62,816 square feet at 825-875 E. Boughton Road in southwest suburban Bolingbrook. The venture has cut the asking price from $11.2 million to $10.8 million.
Johnson, president of D.E. Johnson & Associates Inc. in Northbrook, has said that the group is looking to sell the property in order to raise sufficient money for other developments.For the full story, go to Crain's Chicago Business.
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