Pine Tree Buys Brookside Marketplace (3,500,000 SF) in Chicago

SaleRetailSouth & Southwest Suburbs

Reported Oct 20, 2026 · Source: PR Newswire

Source: PR NewswireRead the full report at PR Newswire ↗

Deal details

Buyer
Pine Tree with a large international investor (sponsor interest)
Seller
SITE Centers
Price
Portfolio appraised at $644M (10 properties; not allocated)
Size
3.5M SF portfolio
Asset class
Retail
Transaction
Sale
Sub-market
South & Southwest Suburbs
Metro
Chicago
Reported date
Oct 20, 2026

Summary

Pine Tree acquired sponsor interest in a 10-property shopping center portfolio recently appraised at $644 million and totaling 3.5 million square feet. The portfolio includes Brookside Marketplace in Chicago, and the interest was acquired from SITE Centers in partnership with a large international investor.

Summarized from the article; the quoted lines below are from the article itself.

Source: PR Newswire

Read the full report at PR Newswire. What the article says:

  • Deal
    Brookside Marketplace (Chicago, IL).
  • Size
    20, 2026 /PRNewswire/ -- Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet.
  • Seller
    The interest was acquired from SITE Centers (NYSE: SITC) in partnership with a large international investor.

Article date: 2026-10-20T11:30:00-04:00

Frequently asked questions

Who bought the Brookside Marketplace building?
Pine Tree bought the Brookside Marketplace building in South & Southwest Suburbs, Chicago, according to PR Newswire.
How much did the Brookside Marketplace building sell for?
The reported price is Portfolio appraised at $644M, per PR Newswire.
Who sold the Brookside Marketplace building?
The seller was SITE Centers, per PR Newswire.

Related deals in South & Southwest Suburbs

All South & Southwest Suburbs deals · More retail deals in Chicago · Chicago: this week and archive

Compiled from public sources; details can differ between sources. Always verify with the linked source.