Retail Midwest

Owner that bought foreclosed Arlington Heights retail plaza seeks investor, REIT interest

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A 138,585-square-foot retail shopping center comprised of 32 shops, a six-plex movie theater, and eight office spaces in Arlington Heights is now on the selling block.

A 138,585-square-foot retail shopping center comprised of 32 shops, a six-plex movie theater, and eight office spaces in Arlington Heights is now on the selling block.

Mission Capital Advisors was chosen to sell Arlington Town Square, located on a 3.63-acre site at 21 S. Evergreen Ave. on behalf of the owner, CMBS Special Services.

The property is 84 percent leased with retailers that include Ann Taylor Lofts, Joseph A. Bank, Panera Bread, Sports Clips and Starbucks.

The Mission Capital Advisors team includes Managing Director, Will Sledge; Vice President, Adam Grant; and Analyst, Don Pavlov.