Reported Sep 10, 2026 · Source: CRE Market Beat
The 361,948-square-foot City Center, a grocery-anchored retail property in downtown White Plains, traded for $50 million. JLL secured the disposition on behalf of the seller, Kite Realty Trust, and arranged acquisition financing for the buyer, PropUp Group; the headline puts the financing at $39.2 million.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at CRE Market Beat. What the article says:
JLL Capital Markets has completed the sale and financing of City Center, a grocery-anchored retail property in downtown White Plains. The 361,948-square-foot
JLL Brokers $50M Sale and $39.2M Financing for City Center Retail in White Plains
The 361,948-square-foot complex traded for $50 million, with JLL securing the disposition on behalf of the seller, Kite Realty Trust, and arranging acquisition financing for the buyer, PropUp Group.
Article date: 2026-09-10T16:30:35-04:00
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