CRC Chicago Acquisition
$93.6M Acquisition Of Five Suburban Chicago Shopping Centers
In August of 2022, Continental Realty Corporation entered the Suburban Chicago Market with its acquisition of a portfolio of five shopping centers comprising over 900,000 square feet of gross leasable area.
Tucker Development acted as an acquisition and development consultant on the transaction.
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“We were glad to help CRC through this process as we believe the portfolio is a unique opportunity to purchase a sizable footprint in excellent Chicago-area geographies that contains various paths and optionality to unlock additional value,” stated Aaron Tucker, President & CIO of Tucker Development. “The portfolio has an exciting combination of high-quality long-term tenancy and opportunistic vacancy.”
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Suburban Chicagoland
PROJECT TYPE
Development & Acquisition Services