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Nuveen raises $330 million for US retail investments, fueled by Australian pension funds

Recent deal in Chicago neighborhood shows global interest in grocery-anchored properties
Elston Plaza is a 92,911-square-foot, grocery-anchored center in Chicago's Avondale neighborhood. (CoStar)
Elston Plaza is a 92,911-square-foot, grocery-anchored center in Chicago's Avondale neighborhood. (CoStar)
CoStar News
March 25, 2026 | 3:13 P.M.

Australian retirement funds are placing big bets on American strip malls, and Nuveen Real Estate is cashing in on the conviction.

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News | Nuveen raises $330 million for US retail investments, fueled by Australian pension funds