Increased store closures will create co-tenancy challenges for retail owners, according to an attorney at Jeffer Mangels Butler & Mitchell.

"It could've been very easy for them to throw their hands up and decide that it wasn't a good time or it wasn't the right time and be able to back out of that deal," said Eric Wojak, development director for TTRG.

JLL closed the sale of the five-property, 539,109-square-foot portfolio in Tinley Park, IL to Boston-based buyer, High Street Logistics Properties.