Monthly Archives: October 2019

Jewel-Oscos Keep Bringing In Out-Of-State Investors

After several years when investors couldn’t seem to get enough of the Chicago region’s Mariano’s outlets, buyers in 2019 have focused a lot of attention on Jewel-Oscos. Woodland Hills, California-based NewMark Merrill Cos. just bought Stony Island Plaza in Chicago for $17.3M. The 160K SF retail center, …

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NewMark Merrill Acquires Shopping Center in Chicago for $17.3 Million

Chicago — NewMark Merrill Cos. Inc. has acquired Stony Island Plaza in Chicago for $17.3 million. The 159,785-square-foot shopping center is located in the South Deering neighborhood at the intersection of 95th Street and Stony Island Avenue. Jewel-Osco and DD’s Discounts anchor the center, built in 1999. It …

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NewMark Merrill pays $17 million for Chicago grocery-anchored center

California-based NewMark Merrill Companies has purchased its third center in Illinois, the 159,000-sq.-ft. Stony Island Plaza in Chicago. Located in the South Deering neighborhood 5 miles south of downtown, the 20-year-old center is anchored by Jewel-Osco and DD’s Discounts. Other tenants include Circle K, KFC, GNC, Happy Nails, …

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NewMark Merrill Picks Up Grocery-Anchored Center in South Deering

NewMark Merrill Companies purchased Stony Island Plaza, a grocery-anchored retail center in the South Side’s South Deering neighborhood, for $17.35 million. The acquisition represents the third in Illinois for the Woodland Hills, CA-based company, which now owns almost one million square feet there. Built in 1999, the 159,785-square-foot Stony Island …

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