The west suburban property is Danada Square East, which is a202,350-sf retail center at the northeast corner of Butterfield andNaperville in Wheaton. In addition to Dominick's, major tenantsinclude Petco, MC Sporting Goods, Blockbuster Video, an IHOPRestaurant and Mid-American Bank. Built in 1989, the center iscurrently about 95% leased. It was bought by CA-based AmericanRealty Advisors. Seattle-based Kennedy Associates Real EstateCounsel Inc. was the seller.

The urban property is Old Town Square, an 87,210-sf neighborhoodcenter at the northeast corner of Division Street and ClybournAvenue on Chicago's Near North Side. In addition to Dominick¹s, thecenter, completed in 1998 in this gentrifying neighborhood, is 100%leased to Starbucks, AT&T Wireless and Blockbuster Video. DesMoines, IA-based Principal Life Insurance Co. bought the propertyfrom Old Town Square Shopping Center LLC. Although sales price wasnot disclosed, a published report estimated the price as greaterthan $18 million.

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