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Wednesday, August 20, 2014

Crain's Chicago Business: Cuneo family sells Golf Mill Shopping Center for $60 million


Crain's Chicago Business' Micah Maidenberg reports:

"The Cuneo family has sold Golf Mill Shopping Center, a huge mall in the Niles that was on the cutting edge of suburban retail when the family developed it in the late 1950s.

A family venture sold the approximately 913,000-square-foot mall and a nearby medical/professional building at Milwaukee Avenue and Golf Road for $60 million, according to a statement from the buyer, Palm Beach, Florida-based real estate firm Sterling Organization LLC."

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