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Kite Realty Trust Trades Grocery-Anchored White Plains Retail for $50M

Summary by Connect CRE
JLL Capital Markets secured the $50-million sale of City Center, a 361,948-square-foot, grocery-anchored retail property located in White Plains. on behalf of seller Kite Realty Trust. JLL also arranged acquisition financing in the amount of $39.2 million from a regional bank on behalf of the buyer, PropUp Group. Located at 5 Mamaroneck Ave. in downtown White Plains, City Center ...
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Connect CRE broke the news on Thursday, September 10, 2026.
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