JEWEL-OSCO TO CONSTRUCT 62,000-SQUARE-FOOT STORE WITHIN MARSHFIELD PLAZA

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CHICAGO — Jewel-Osco has acquired a 5.5-acre site within Marshfield Plaza to construct a 62,000-square-foot grocery store located at West 119th Street and South Marshfield Avenue in south Chicago. The 450,000-square-foot Marshfield Plaza retail center is being developed in two phases. Phase I, which is expected to open in October, is anchored by a 127,000-square-foot Target. Anchor tenants for Phase II, which is slated for completion in the first quarter of 2009, include Jewel-Osco, Petco, Staples and Marshalls. Additionally, the project features seven outlots and two multi-tenant buildings. Oakbrook Terrace, Ill.-based Mid-America Asset Management is the exclusive representative for Marshfield Plaza.

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