Acquiring Company
Harbert Management Corporation
Acquired Company
Village Crossing
BirminghamIllinoisFinancial ServicesE CommerceFashionRetailDescription
Harbert Management Corporation has acquired Village Crossing mall for $122 million. The transaction is one of Chicago's largest retail property sales in a decade. The shopping center will continue to be managed by Fairbourne Properties. The acquisition aims to enhance the shopping experience and maintain the mall’s status as a dominant retail destination.
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Based on deal dataFrequently asked
Who acquired Village Crossing?
Village Crossing was acquired by Harbert Management Corporation, based in Birmingham. The deal was reported on September 15, 2026. HUSREF VII is an investment vehicle of Harbert Management Corporation (“HMC”), which closed on April 28, 2021. Harbert Management Corporation is privately held and operates in Financial Services.
When did Harbert Management Corporation acquire Village Crossing?
Harbert Management Corporation's acquisition of Village Crossing was reported on September 15, 2026. Harbert Management Corporation has acquired Village Crossing mall for $122 million. The transaction is one of Chicago's largest retail property sales in a decade. The shopping center will continue to be managed by Fairbourne Properties. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Village Crossing do?
Village Crossing is a shopping center that features 69 retailers including major stores like Jewel-Osco, Best Buy, and Ulta. Completed in 1989, it has become a top retail destination in the area. It is privately held, operating in E Commerce, and is based in Illinois.
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