Portfolio News, Press Apr 19, 2019 Elion Partners

GlobeSt.com Names Elion’s CityPlace as One of “The Best of 2018”

We’re pleased to announce that GlobeSt.com, the pre-eminent real estate industry magazine, named our 100-acre mixed-use redevelopment project, CityPlace, as one of “The Best of 2018.”

Recognized as the largest grocery-anchored transaction in the Midwest in 2018, the sale of the retail portion of CityPlace to Inland Retail Property Fund LP garnered national attention. Inland paid $77.8 million for the 184,711 square foot center in December 2018. The asset was the eighth shopping center acquired by the retail fund which is focused on necessity retail.