Another Mariano’s-anchored shopping center fetches a hefty price

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A Glenview shopping center has sold for almost $70 million, the highest price yet for a property anchored by a Mariano’s Fresh Market grocery store…

..Before you were getting the real estate and the concept, and now you’re also also getting the Kroger credit,” said retail broker Robert Melsher, a principal at Highland Park-based Metro Commercial Real Estate who was not involved in the deal. “Now you’re hitting the trifecta . . . If you’re the buyer, you can certainly sleep better at night.”

Crain’s Chicago Business // Ryan Ori // View The Full Article