Oak Brook, Ill. — Pine Tree has been awarded the management of retail portfolio comprising one million square feet across 16 properties in metro Chicago. Newcastle Properties is the owner. The portfolio includes Bloomingdale Auto Center and Bloomingdale Square in Bloomingdale; Aspen Point in Vernon Hills; Deerfield Commons and Cadwell’s Corners in Deerfield; Boardwalk Plaza and Orchard Plaza in Skokie; Dempster Plaza in Niles; Eastgate Plaza in Naperville; Fox Valley Auto Center in Aurora; Huntley Retail Center and Milrand Retail Center in Carpentersville; Market Square in Bolingbrook; and Parkview Plaza, Cicero Annex and Forest View Shopping Center in Chicago. This new assignment brings Oak Brook-based Pine Tree’s portfolio of owned and managed properties to 80 shopping centers and $2.5 billion of value.
Pine Tree to Manage 1 Million-Square-Foot Chicago Area Retail Portfolio
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