January 4, 2016 Comments Off on Associated Bank Completes $19M Loan for Retail Center Views: 314 California News, Illinois, Midwest, National News

Associated Bank Completes $19M Loan for Retail Center

Associated Bank has closed on a $19.3 million loan for land acquisition and construction of a 73,317-sf Mariano’s Fresh Market grocery store in Des Plaines, IL.

Golf Road Ventures LLC, a joint venture of Abbott Land and Investment Corp. and WBS Equities, is the developer and borrowing entity of the project, which will be built at 10 E. Golf Rd.

Construction on the property will launch in spring, with completion anticipated within 12 months.

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