Chicago, IL.
CINCINNATI—Phillips Edison & Co. Inc. has bought Naperville Crossings, a 146,591-square-foot neighborhood lifestyle center in Naperville, IL. The purchase price was not disclosed but Crain's Chicago Business reported that the property traded for $49.9 million.
Naperville Crossings is anchored by a newly constructed, 21,820-square-foot ALDI grocery store. Other tenants include AT&T, Biaggi's Ristorante Italiano, Massage Envy, Nothing Bundt Cakes, Orangetheory Fitness, Panera Bread and Starbucks.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
