Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-Denver-based Baceline Investments LLC has bought a bank-owned shopping center situated at Milwaukee Avenue and State Route 22 in north suburban Lincolnshire for $12 million. The firm has purchased the Village Green center, a retail and office complex measuring 121,000 square feet.

Since Chicago-based Special Assets Acquisitions LLC could not manage its mortgage payments on the complex, the property was foreclosed. Jeff Baasch from Sperry Van Ness’ Chicago office negotiated the deal on behalf of the buyer. For the full story, go to Crain’s Chicago Business.

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.