Smithfield sells five Chicago properties

Smithfield Properties has sold five properties in Chicago to the Acadia Realty Trust for $150 million, reported the deal’s broker, Mid-America Real Estate Corp.



The properties were:



• North Kingsbury Center on the corner of North Avenue and North Kingsbury Street, with tenants including Old Navy, Pier 1 Imports, Blick Art Materials, and Modani Furniture.



• California & Armitage shops at the corner of California and Armitage streets, housing PNC Bank, 7-Eleven, The UPS Store, and Athletico.



• A flagship Walgreens location at the corner of State and Randolph streets.



• State & Washington Shops at State and Washington Streets, with Nordstrom Rack and H&M.



• Milwaukee & Concord Shops including 7-Eleven, The UPS Store, and Kriser’s at the corner of Milwaukee Avenue and Concord Place.

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