Edens Plaza
CHICAGO–Newport Capital Partners recently paid $72 million for Edens Plaza in an off-market transaction. The 183,000-square-foot retail center was purchased on behalf of Newport Capital Partners Fund II.
The 92% leased property attracted Newport's attention because “retail has always been an evolving property type and this center has just continued to keep up with the evolution,” a spokesperson for Newport told GlobeSt.com.
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