Also leasing space at the seven-year-old center in the 1200 block of S. Clinton St. are Washington Mutual, FedEx, Kinko's, Subway, RadioShack, Game Stop, and Domino's Pizza. "South Loop's ideal location and high-quality tenant roster signifies the type of 'core' investment that American offers to our investors," says American Realty Advisors president and chief executive officer Stanley L. Iezman, whose Glendale, CA-based company is attempting to buy $700 million in assets this year.

Highland Park-based Tucker Development will handle management and leasing at South Loop Marketplace, replacing Mid-America Asset Management. The customer base includes the Riverside Park, Roosevelt Square and University Village residential developments.

In an unrelated deal in northwest suburban Lake In The Hills, a recently constructed Baker's Square and strip center at 280 Randall Rd. sold for $5.6 million. The fully-occupied, 10,100-sf property was sold by Anthony Rosati in a deal brokered by a CB Richard Ellis team of George Good, Robert Mahoney, Richard Frolik and Bill Wright.