COLLIERS BENNETT & KAHNWEILER BROKERS TWO SHOPPING CENTERS FOR $22.9MILLION

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CHICAGO AND CHESTERFIELD, MO. — Colliers Bennett & Kahnweiler (CBK) has represented Evanston, Ill.-based Davis Street Land Co. in the sale of two Midwest shopping centers for a total of $22.9 million. In Chicago, the company disposed of Clybourn Galleria, a 25,054-square-foot retail center located at 1845 N. Clybourn Ave. The center is fully occupied by tenants including Ann Taylor Loft, Chico’s, Jos. A. Bank, Gymboree, Talbot’s and Nine West. The property was sold to Greenstreet Real Estate Partners for $13.5 million.
In Chesterfield, CBK disposed of The Shops at Clarkson Corner, a 20,432-square-foot lifestyle center located at 1540 Clarkson Rd. The center is also fully leased and includes tenants Talbot’s, White House/Black Market, Chico’s and Venetian Nail Spa. The property was acquired for $9.4 million by a private St. Louis-based investor, which was represented by Jane Hollo of Colliers Turley Martin Tucker. Kevin Gazley of CBK represented Davis Street Land Co. in both transactions.

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