MULTI-TENANT RETAIL CENTER SELLS IN ILLINOIS

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WINTHROP HARBOR, ILL. — Marcus & Millichap’s Demetrie Livaditis represented the developer in the disposition of Harbor Plaza Retail Center in Winthrop Harbor. Located at 1201-1275 Sheridan Road, the 60,980-square-foot center sold for $3.7 million. Amalgamated Bank issued a 60 percent loan-to-value acquisition loan for the property. The buyer was not disclosed.

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