Retail N Illinois
Associated Bank completes $14.5M loan for Woodfield-adjacent retail project

Associated Bank completes $14.5M loan for Woodfield-adjacent retail project

Associated Bank has completed a $14,505,000 refinance and construction loan for a multi-tenant retail project of Shorewood Development Group. The project, Woodfield Gatherings, will consist of three buildings totaling 30,074 square feet at 1701-1741 E. Golf Road on the ring-road surrounding Woodfield Mall in Schaumburg, IL. The parcel was formerly a parking lot for a JC Penney store.

Retail N Illinois
HFF sells Chicago retail property

HFF sells Chicago retail property

Holliday Fenoglio Fowler, L.P. (HFF) has sold Kingsbury Center, a 53,079-square-foot urban retail center located in Chicago’s vibrant North and Clybourn retail corridor. The HFF team marketed the property for the seller. Westwood Financial purchased the asset and assumed an existing securitized loan.