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Mid-America: Chicagoland retail development up
Oakbrook Terrace, Ill. — Shopping Center development in Chicagoland has improved significantly in recent years. Activity showed a 98.7% increase in total sq. ft. from 2012 to 1013, according to the “Chicagoland 2014 Shopping Center Report” just issued by Mid-America Real Estate Corp.
In 2013, owners developed approximately 2.26 million sq. ft., compared to 1.14 million sq. ft. in 2012.