JLL brokers USD 50 million sale of White Plains City Center retail property
Reuters2026/09/10 14:29- JLL arranged the USD 50 million sale of City Center, a 361,948-square-foot retail property in downtown White Plains, New York.
- Kite Realty Group Trust sold the ShopRite-anchored center to PropUp Group.
- Acquisition financing totaled USD 39.2 million from a regional bank.
- Property was 91.5% occupied. Buyer targets leasing upside from 30,650 square feet of vacant space.
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