A New York-based real estate firm has paid $40 million for a grocery-anchored shopping center just north of Chicago, adding to a buying spree throughout the country.
New York firm adds to national buying spree, pays $40 million for shopping center near Chicago
KPR Centers buys grocery-anchored Pointe Plaza in Niles, Illinois
By Ryan Ori
CoStar NewsOctober 29, 2025 | 9:19 P.M.
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IN THIS ARTICLE
- Properties
- Pointe Plaza
5606 Touhy Ave, Niles, IL
- Pointe Plaza
5700 Touhy Ave, Niles, IL
- Companies
- KPR Centers
Real Estate
- Stockbridge Capital Group, LLC
Real Estate
- Contacts
- Christian Williams
Executive Vice President, CBRE
- Daniel Katz
Managing Partner, KPR Centers