Newport Capital Picks Up Grocery-Anchored Center,Greater Chicagoland

Newport Capital Partners acquired Stonebrook Plaza in Merrionette Park on behalf of its value add-focused Newport Capital Partners Fund II. The 95,825 square foot neighborhood, grocery-anchored center was acquired from Jacksonville, FL-based Regency Centers for an undisclosed amount. Stonebrook Plaza is currently 96 percent leased, anchored by Jewel-Osco, and also includes Blink Fitness…


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