Business & Tech
Bolingbrook Promenade to Sell for $80 Million
The shopping center will reportedly remain open during the transition.
Starwood Retail Partners will pay more than $80 million for the 628,000-square-foot Bolingbrook Promenade, according to Crain's Chicago Business.
That's less than the $100 million asking price set last summer, as well as the $152 million invested by current owner Forest City Enterprises when it opened the mall in 2007.
- Bolingbrook Promenade Sale in the Works: Report
- Bolingbrook Promenade for Sale at a Cost in Excess of $100 Million
The deal will reportedly close this spring.
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