BIANCO PROPERTIES EXPANDS CHICAGO PORTFOLIO

Chicago (August 1, 2018) – St. Louis-based Bianco Properties announced it has acquired St. James Crossing Shopping Center in Westmont, Illinois.  The 49,994 square foot shopping center is located at the intersection of Ogden Road and Route 83.  This marks Bianco’s sixth acquisition in the Chicago MSA.

“The acquisition of St James Crossing adds another strong property to our suburban Chicago portfolio.  With proximity to four major highways, the center is ideally located to serve the residents and businesses throughout Westmont and neighboring villages of Hinsdale, Clarendon Hills and Downers Grove,” explained Josh Bacott, Vice President – Acquisitions of Bianco Properties.

Bianco’s Chicago portfolio includes two retail properties in the West Loop and prominent retail shopping centers in the densely populated markets of Downers Grove, Harwood Heights, and Morton Grove.  Its primary focus is retail and industrial investment opportunities with an objective to continue expanding its presence in Chicago and other key markets.