AmCap Inc., a private equity real estate firm, has bought Liberty Square, 107,431 square-foot shopping center in the Chicago suburb of Wauconda, Ill.

The 54,522 square foot Jewel-Osco anchors the center, which is also home to several businesses and restaurants, including the U.S. Postal Service, Charter Fitness, KFC, Subway, Pet Supplies Plus and PNC Bank. The addition of Liberty Square brings AmCap’s Chicago-area presence to give grocery-anchored centers. Liberty Square is the second acquisition purchased through a joint venture with Encore Enterprises.

“Liberty Square continues AmCap’s mission of acquiring well-located properties with tenants that are essential businesses that serve daily needs, are internet resistant and are established members of their respective communities,” comments Jake Bisenius, president and CEO of AmCap. “The AmCap team is excited to be a part of the Waucondacommunity and we look forward to working with Jewel-Osco and other local stakeholders to ensure the continued success at this location.”