PALATINE AND VERNON HILLS, ILL. — Inland Real Estate Acquisitions Inc. has acquired two Mariano’s Fresh Market stores, located in Palatine and Vernon Hills, for a combined total of $46.3 million. Mariano’s Fresh Market, part of Milwaukee-based Roundy’s Inc., is an upscale grocer with nine Chicagoland locations. The Vernon Hills location opened in June 2011. The Palatine location opened in January 2012. Each store is approximately 71,000 square feet and fully occupied by Mariano’s on 20-year leases. Mark Cosenza of Inland Real Estate Acquisitions facilitated the transaction. Brand Duff of Stan Jonson Co. represented the seller, IM Properties. Inland Real Estate Acquisitions acquired Mariano’s first store, located in Arlington Heights, in April 2011.
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