McHenry, Ill. — Mid-America Real Estate Corp. has arranged the $32 million sale of The Shops at Fox River, a 340,849-square-foot shopping center in McHenry, located 60 miles northwest of Chicago.
Ben Wineman and Carly Gallagher of Mid-America arranged the transaction on behalf of the seller, a public REIT. Time Equities acquired the asset, which was constructed in 2007. The Shops at Fox River is home to tenants such as Dick’s Sporting Goods, Ross Dress for Less, T.J. Maxx, Bed Bath & Beyond, DSW, Ulta Beauty and Old Navy. JCPenney shadow-anchors the center.