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Depa Holding Company And Caruso Development Corporation Acquire Barrington Square Town Center For $9M

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SOLD
$9,000,000

Illinois

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Retail101,769 SF
Sold 02/26/2026
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Property Image
SOLD

Depa Holding Company And Caruso Development Corporation Acquire Barrington Square Town Center For $9M

2300 West Higgins Road

See Similar Deals
Retail101,769 SF
Sold 02/26/2026
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$88
Total Square Footage:101,769 SF
Transaction Type:Sale

The retail asset at 2300-2356 West Higgins Road in Hoffman Estates has been sold for $9,000,000. The property consists of nearly 102,000 square feet, translating to a price per square foot of $88. It has been nearly fully leased to service and hospitality tenants, and it marks the Barrington Square Town Center's first ownership change since 1979.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,000,000
  • Square Footage: 101,769
  • Price Per Square Foot: $88
  • Buyer: Depa Holding Company & Caruso Development Corporation
  • Buyer's Representative: Harris Ali - Sky High Real Estate
  • Seller's Representatives: Wayne Caplan & Al Lindeman - SVN Chicago Commercial
  • Date of Transaction: 02/26/2026
  • Market: Hoffman Estates

This transaction involved Dutch-based Depa Holding Company and U.S. partner Caruso Development Corporation, along with a local investor group led by Sky High Real Estate. The property is situated adjacent to the planned 333-unit Grand Reserve of Hoffman Estates development, which contributed to heightened buyer interest and facilitated multiple offers during the marketing process.

Players

Wayne Caplan
13 deals$59.9M volume(312) 529-5791
BROKER

Albert Lindeman
SVN
2 deals$12.7M volume(312) 756-7352
BROKER

Harris Ali
Sky High Real Estate
1 deal$9M volume(847) 322-6277
BROKER

Depa Holding Company
BUYER

Details

SOLD
IMAGE: Wayne Caplan, Harris Ali & Al Lindeman DATE: 02/26/2026 ADDRESS: 2300-2356 West Higgins Road MARKET: Hoffman Estates ASSET TYPE: Retail BUYER: Depa Holding Company & Caruso Development Corporation BUYER'S REP: Harris Ali - Sky High Real Estate SELLER'S REP: Wayne Caplan (@WayneCaplan) & Al Lindeman - SVN Chicago Commercial (@SVN_Chicago) SALE PRICE: $9,000,000 SF: 101,769 ~ PPSF: $88 NOTE: SVN Chicago Commercial brokered the $9 million sale of the nearly 102,000-square-foot Barrington Square Town Center in Hoffman Estates, marking the property’s first ownership change since 1979 in a deal between Dutch-based Depa Holding Company, U.S. partner Caruso Development Corporation and a local investor group led by Sky High Real Estate.The center, about 100% leased to service and hospitality tenants, sits next to the planned 333-unit Grand Reserve of Hoffman Estates development, which helped drive buyer interest and multiple offers during marketing.

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