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BANNOCKBURN, ILL. — AREA Property Partners has partnered with Dallas-based P.O'B. Montgomery & Co. to purchase Bannockburn Green, a 180,000-square-foot shopping center located at the intersection of Waukegan Road and Half Day Road in Bannockburn. The property was acquired for $29.3 million from an undisclosed institutional investor. Built in 1984 and renovated in 2008, the property is anchored by Dominick's and Walgreens. Additional tenants of the 85-percent leased center include Panera Bread, General Nutrition Center, Allstate Insurance, Subway and Sylvan Learning Center. Rick Drogosz, Ben Wineman and Stan Nitzberg of Mid-America Real Estate Corp. represented the seller in the transaction.