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Development is Robust at New Joliet Retail Center – Retail Space, Outlots, Build-to-Suit Still Available at Mid-Am Development Partners Project

OAK BROOK, Ill., March XX, 2008 – Development has been robust at a new retail center underway at Caton Farm and Ridge Rds. in Joliet, Ill., 40 miles southwest of Chicago.
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Mid-America Development Partners Close Schwind Crossings Refinance
OAK BROOK, Ill., March 25, 2008 – Mid-America Development Partners has announced the refinancing of one of its assets: Schwind Crossings, a 42,000-square-foot retail center in Wheeling, Ill., 27 miles northwest of Chicago.
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Best Buy, Ethan Allen Open at Algonquin Galleria – Other Retailers, Restaurants Under Construction for Scheduled 2008 Openings
OAK BROOK, Ill., March 18, 2008 – Two anchor tenants are open for business at Phase I of Algonquin Galleria, a 35-acre outdoor shopping mall under construction in Algonquin, Ill., 40 miles northwest of Chicago.
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Philip Elworth Joins Mid-America Development Partners as CFO
OAK BROOK, ILL., January 9, 2008 – Commercial real estate veteran Philip E. Elworth has joined Mid-America Development Partners. He is assuming the newly created position of CFO.
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David Hene Joins Mid-America Development Partners As Vice President
Oak Brook, Ill. October 31, 2007 – David Hene has joined Mid-America Development Partners as a vice president of development. In his new position, he will supervise the company’s retail and mixed-use projects, overseeing site acquisition, marketing, planning, entitlement, leasing, and construction.
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Harp Group, Mid-America Development Partners Close Westin Chicago N. Shore Refinance – Marathon Opportunity Fund Joins as Equity Partner
OAK BROOK TERRACE, IL, August 23, 2007 – The Harp Group and Mid-America Development Partners have announced the refinancing of one of their premiere assets with a new equity partner. The $101 million refinancing of the Westin Chicago North Shore Hotel, Wheeling, IL, partners Harp and Mid-America with Marathon Opportunity Fund, a New York-based hedge fund.
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