Lake Geneva shopping center sold for $21.4 million

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The 169,000-square-foot Geneva Square shopping center, located at Highway 12 and Highway 120 in Lake Geneva, was sold recently for $24.1 million, according to state records.

Geneva Square has numerous retail tenants and is anchored by a Piggly Wiggly grocery store.

The shopping center was sold by Oak Brook, Illinois-based Lake Geneva Investors LLC to an affiliate of Evanston, Illinois-based Schermerhorn & Co., according to state records.

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