Wal-Mart Stores Inc. closed last month, on the sale of a piece of land on Chicago’s South Side where it plans to build a long-anticipated 155,000-square-foot supercenter.
The world’s largest retailer paid about $10 million for the 13.5 acre parcel at the Chatham Market shopping center at the corner of 83rd Street and South Holland Road, according to a person close to the deal. The store is slated to open next year.
The world’s largest retailer paid about $10 million for the 13.5 acre parcel at the Chatham Market shopping center at the corner of 83rd Street and South Holland Road, according to a person close to the deal. The store is slated to open next year.
Two years earlier, the City Council used zoning laws to block the company from building at 83rd Street and Stewart Avenue. The company closed the sale for the 13.5-acre parcel at the Chatham Market shopping center on Monday, April 12th, according to a source close to the deal. A Walmart Express is scheduled to open this summer and a 155,000-square-foot supercenter will follow next spring, according to a company release.
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