L3 Capital has acquired Market Square, a historic retail property with 26 retailers and restaurants in Lake Forest, for $35.5 million. “This is the most iconic property on the North Shore,” said Michael Schreiber, principal at L3 Capital. “Market Square has been a staple in this area for nearly a century and we believe our strategy of acquiring the best retail properties in top-tier cities will translate well here. The North Shore, and Lake Forest in particular, is ...
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