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Chicago & Midwest  + Greater Chicagoland  + Retail  | 

Heidner Properties Acquires South Barrington Shopping Center 

Locally based Heidner Properties has acquired The Arboretum of South Barrington in South Barrington, IL. The 484,000-square-foot outdoor shopping center had been the subject of a foreclosure suit against its previous owner, a venture of Starwood Capital Group, Crain’s Chicago Business reported. 

“Heidner Properties is proud to have added The Arboretum of South Barrington to our portfolio” said Rick Heidner, president of Heidner Properties. “The Arboretum will be our flagship property, and we are currently developing plans to enhance the already fantastic mix of dining, entertainment and retail.”  

The Heidner family is committed to optimizing the success of The Arboretum of South Barrington by strongly enhancing the center’s current offerings. Plans include center-wide capital improvements, beautification projects, securing new and exclusive retail options and expanding the community programming. 

Coinciding with the acquisition, a new Star Cinema Grill backfilled a location that was shuttered during the pandemic.  

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition