Retail N Illinois
RREEF Property Trust acquires grocery-anchored shopping center in Chicago

RREEF Property Trust acquires grocery-anchored shopping center in Chicago

DWS Group announced that RREEF Property Trust, Inc., its publicly registered, daily NAV REIT, has acquired Elston Plaza, an urban grocery-anchored shopping center in Chicago. Strategically located at the confluence of three of Chicago’s busiest thoroughfares, Addison, Elston and Kedzie, the acquisition further diversifies RREEF Property Trust’s private real estate holdings based on sector, geography and tenant base.

Retail v Wisconsin
Bradley Square, 7919-7961 N. 76th Street, Milwaukee.

New York investor buys two Milwaukee retail properties

Joel J. Gorjian, president and CEO of Great Neck, New York-based Gorjian Acquisitions, has purchased two retail and office properties located in Wisconsin. The acquired properties include the Bradley Square professional services and medical center and Teutonia Square neighborhood shopping strip mall, both in Milwaukee.