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Last Updated ( Tuesday, 20 November 2012 15:17 )
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DATE_FORMAT_LC2=Tuesday,November 20 2012 12:00:00 am EST
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Joint Venture Purchases Burbank Station
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Burbank, Ill. — A joint venture between Abbell Associates and Hutensky Capital Partners has acquired Burbank Station, a 303,566-square-foot shopping center in Burbank, for $34 million. The center is anchored by Food 4 Less, Babies R Us, HomeGoods, PetSmart, OfficeMax, The Sports Authority and Sam Ash Music. The center is located in a densely populated south suburb of Chicago where the average household income within a three-mile radius is $61,500. Mid-America of Oakbrook Terrace, Ill., represented the seller in the transaction.
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