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NewMark Merrill Receives $36M Loan for Refinancing of Shopping Center in Melrose Park, Illinois
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NewMark Merrill Receives $36M Loan for Refinancing of Shopping Center in Melrose Park, Illinois
MELROSE PARK, ILL. — NewMark Merrill has received a $36 million loan for the refinancing of Winston Plaza, a shopping center in Melrose Park. NewMark Merrill acquired the property in 2008 and completed an extensive remodeling and repositioning. Since the end of COVID, the center has received more than 100,000 square feet of new merchants, including a Cermak grocery store, Ross Dress for Less, Burlington, JD Sports, Sistar Beauty and an expanded …
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