Every underperforming or shuttered mall has its own set of opportunities and obstacles.
Commercial brokerage firm ACO Commercial, which brokered the sale on behalf of a private investor group, reports that the 2.8-acre parcel that traded takes up almost an entire city block (bounded by Lake, Hoyne, Damen and Walnut) and is fully leased to Standard Equipment Co.
Simon Property Group, Authentic Brands Group and Brookfield Property Partners have acquired the bankrupt retailer.
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