DLC, Rialto JV sells Randhurst Village Shopping Center in Mount Prospect to Rhino Investment Group for $95M ($119psf)

  • 9/23/2026

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Highlights
DLC sold the Randhurst Village shopping center in Mount Prospect for $95 million to Rhino Investment Group after purchasing it for $100 million in 2015.
During its ownership, DLC repositioned the property by splitting large retail spaces to bring in major tenants like Macy’s, HomeGoods, Skechers and Nike.
The transaction highlights ongoing commercial investment strength across the Chicago suburbs, spanning retail, multifamily and senior living sectors.

DLC Management
Aaron Wu | SVP, Head of Acquisitions
Rialto Capital
Aaron Davis | Managing Director-Equity Investments

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