Reported Oct 20, 2026 · Source: Traded
Phillips Edison & Company acquired Rice Lake Square, a 252,000-square-foot shopping center at 1 Rice Lake Square in Wheaton anchored by Pete's Market, for $53M, according to Traded. The seller was Core Acquisitions.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at Traded. What the article says:
1 Rice Lake Square, Wheaton, IL 60189 was recently sold on 10-20-2026 for $53,000,000. See transaction details and find similar deals on Traded.
The property asset involved in the transaction is Rice Lake Square, a retail shopping center located at 1 Rice Lake Square in Wheaton, Illinois.
The shopping center encompasses 252,000 square feet and is anchored by Pete’s Market.
Jeffrey Edison Of Phillips Edison & Company Acquires Retail Center In Wheaton For $53M
Seller: Adam Firsel - Core Acquisitions
It was acquired by Phillips Edison & Company for a total price of $53 million, reflecting a price per square foot of approximately $210.
Article date: 2026-10-20T13:16:38-07:00
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