Regency Point sells outside Chicago

Inland Real Estate Sales Inc. recently brokered the sale of Regency Point Shopping Center in Lockport, Ill., for $8.3 million.

The 55,000-square-foot retail center included 17 tenants at the time of sale, including Ace Hardware, Dunkin’ Donuts, Brown’s Chicken, Subway and a U.S. Postal Office. Regency Point Shopping Center is located on State Route 7 (9th Street).

The buyer, whose identity was not disclosed, is based in Indiana; the seller was Inland Real Estate Corp., the parent company of Inland Real Estate Sales Inc.