Mid-America Real Estate Corporation’s Investment Sales Group has successfully arranged the sale of Willow Creek Center, a grocery-anchored regional shopping center located in the affluent North Shore suburb of Glenview, Illinois.

Positioned within one of Chicagoland’s most desirable retail corridors, Willow Creek Center features a diverse mix of national and regional retailers spanning grocery, health and wellness, fast-casual dining, specialty retail, and personal services. The center is shadow-anchored by a high-performing Target, enhancing its role as a premier shopping destination for the surrounding community.

The property’s tenant roster includes a lineup of nationally recognized retailers such as Aldi, Kohl’s, Planet Fitness, and Michaels, complemented by an array of medical, restaurant, and service-oriented tenants including Northwestern Medicine, Chipotle, Jersey Mike’s, Panda Express, and others.

The center benefits from exceptional demographics. Within a three-mile radius, more than 74,100 residents reside in the trade area, boasting an average household income exceeding $217,800 and a median home value of approximately $633,400.

“Chicago is a market I know very well from my years at General Growth, so I am particularly excited for DPI Retail to make our first investment here,” said Fred Vitt, President of DPI Retail. “We have been looking for the right opportunity to enter the market, and Willow Creek Center was a natural fit for our portfolio. We view this acquisition as the beginning of our presence in Chicago and look forward to expanding our footprint in the market.”

“Willow Creek Center presented a compelling opportunity to acquire a high-quality retail asset in one of the strongest trade areas in the Chicago market,” added Jonathan Khoury, Vice President of Real Estate for DPI Retail. “The combination of affluent demographics, strong national tenancy, and high barriers to new retail development provides a durable foundation for the property. We believe the center is well positioned for long-term performance and will be a strong addition to the DPI Retail portfolio.”

Rick Drogosz, Principal; Ben Wineman, Principal and Managing Broker; and Patrick Corrigan, Senior Associate with Mid-America Real Estate Corporation’s Investment Sales Group, served as the exclusive listing brokers on behalf of the seller, Sperry Equities. The property was acquired by DPI Retail.

About Mid-America Real Estate Corporation

Mid-America Real Estate is #1 in retail real estate services in the Midwest, with full-service offices in Illinois, Michigan, Minnesota, and Wisconsin. Our exclusive focus on retail property, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The total consideration value of leasing and investment sales transactions facilitated in 2025 was $2.6 billion. Mid-America leases and manages more than 50 million square feet of retail space, provides comprehensive self-performing facility services, and represents over 270 retailers and other tenants. For more information, visit www.midamericagrp.com. 

For more information, please reach out to opalmer@midamericagrp.com