Chicago (February 9, 2018) – St. Louis-based Bianco Properties announced it has acquired Main Street Square Shopping Center in Downers Grove, Illinois.  The 56,000 square foot shopping center is located at the intersection of Butterfield Road and Finley Road, adjacent to Interstate 355.  This marks Bianco’s fifth acquisition in the Chicago MSA.

“The acquisition of Main Street Square adds another strong property to our suburban Chicago portfolio.  The recent addition of major tenants Duluth Trading and Outback Steakhouse speak to the overall strength of the Downers Grove submarket,” 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 Harwood Heights and Morton Grove.  Its primary focus is retail and industrial investment opportunities with an objective to continue expanding its presence in Chicago.