POB Acquires Grocery Anchored Center in Bannockburn, Illinois

P.O’B. Montgomery & Company Acquires Grocery Anchored Center in Bannockburn, Illinois

 

Dallas, TX:  Dallas based P.O’B. Montgomery & Company has announced the acquisition of Bannockburn Green Shopping Center in Bannockburn, Lake County, Illinois.  The 180,851 square foot center was purchased December 22, 2010 and is located at the Southeast corner of Waukegan Road (Illinois Route 43) and Half Day Road (Illinois Route 22).  The center is anchored by Dominick’s Fine Foods, Walgreens, PNC Bank, Panera Break and Erehwon Mountain Outfitters. 

 

Bannockburn Green is a strong, regional, grocery anchored center serving Chicago’s affluent north shore area.  The acquisition of this property demonstrates P.O’B. Montgomery & Company’s objective to purchase well-positioned, grocery –anchored product in primary and secondary markets. 

 

For further information, contact Wm. Douglas Archer at 972-455-4904.