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Associated Bank Provides $22.6M Loan for Redevelopment of Former Grocery Store in Metro Chicago
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Associated Bank Provides $22.6M Loan for Redevelopment of Former Grocery Store in Metro Chicago
BUFFALO GROVE, ILL. — Associated Bank has provided a $22.6 million loan to Shorewood Development Group for the acquisition and redevelopment of a vacant, 66,083-square-foot former grocery store at 1160 W. Lake Cook Road in Buffalo Grove. The sale also included an outlot site. Named Chase Plaza, the project will feature a two-tenant, grocery-anchored retail building occupied by Sprouts Farmers Market and Club Studio fitness center. The space had …
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