Content about Mount Prospect, Illinois

July 11, 2013

Mid-America Real Estate Corp.’s investment sales group has brokered the sale of the 301,045-sq.-ft. Mount Prospect Plaza in Mount Prospect, Ill., a northwestern suburb of Chicago.

Oakbrook Terrace, Ill. -- Mid-America Real Estate Corp.’s investment sales group has brokered the sale of the 301,045-sq.-ft. Mount Prospect Plaza in Mount Prospect, Ill., a northwestern suburb of Chicago.

Ramco-Gershenson Properties Trust purchased the property for $36.1 million from a pension fund advised by JP Morgan Asset Management Inc.

March 7, 2011

It isn’t just the grocery-anchored centers that star in today’s retail shopping center format playbill. Sharing the spotlight — and overshadowing the struggling big-box centers — are open-air extensions to enclosed malls, hybrid outdoor centers that feature a mix of power and lifestyle tenants, and town center projects that incorporate a mix of uses from residential and office to hotel and medical.


What gives these formats their edge is the strength of the tenant lineup. And there is no denying the power that supermarkets wield.


November 16, 2010

McShane Construction Co. said Tuesday it has been awarded a three-story, 586-space parking structure project on behalf of developer Casto Lifestyle Properties.

Rosemont, Ill. -- McShane Construction Co. said Tuesday it has been awarded a three-story, 586-space parking structure project on behalf of developer Casto Lifestyle Properties. 

The new construction assignment is located at Randhurst Village in Mount Prospect, Ill., a 100-acre, mixed-use redevelopment project of the former Randhurst Mall that will feature retail, dining, entertainment and hospitality components.

May 17, 2010

Columbus, Ohio-based Casto announced Tuesday that ground has been broken on the new state-of-the-art AMC...

February 29, 2008

Lifestyle centers are growing up with grand refinements. But there are also signs that...