JLL brokers USD 50 million sale of White Plains City Center retail property

Reuters2026/09/10 14:29

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

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JLL brokers USD 50 million sale of White Plains City Center retail property

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