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Blackstone Deal Includes One of Chicago Area’s Biggest Retail Sales of 2021

Real Estate Investing Giant Pays $103 Million for Springbrook Prairie Pavilion in Naperville, Illinois
Blackstone Group acquired the Springbrook Prairie Pavilion shopping center in Naperville, Illinois, as part of an $800 million portfolio purchase. (CoStar)
Blackstone Group acquired the Springbrook Prairie Pavilion shopping center in Naperville, Illinois, as part of an $800 million portfolio purchase. (CoStar)
CoStar News
January 18, 2022 | 7:06 P.M.

A shopping center in Chicago’s western suburbs has sold for more than $103 million, one of the area’s highest-priced retail property sales of 2021, as part of a portfolio purchase by real estate behemoth Blackstone Group.

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