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Wintrust Business Minute: Northpoint Center in Arlington Heights acquired by Texas investor
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Arlington Height’s Northpoint Center has been acquired by a Texas investor. According to Crain’s, Encore Enterprises acquired a majority stake in the shopping center for $34 million. It’s located at the intersection of Rand Road and Arlington Heights Road. AmCap affiliates previously had a majority stake and will maintain a minority share. Encore has also assumed AmCap’s mortgage. Encore has 26 properties in the U.S. and specializes in buying, developing and managing retail centers.
Also, The Chicago-based American Medical Association has a new CEO and executive vice president. Listen for more below:
https://serve.castfire.com/audio/7411255/7411255_2025-05-12-171355.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Arlington Height’s Northpoint Center has been acquired by a Texas investor. According to Crain’s, Encore Enterprises acquired a majority stake in the shopping center for $34 million. It’s located at the intersection of Rand Road and Arlington Heights Road. AmCap affiliates previously had a majority stake and will maintain a minority share. Encore has also assumed AmCap’s mortgage. Encore has 26 properties in the U.S. and specializes in buying, developing and managing retail centers.
Also, The Chicago-based American Medical Association has a new CEO and executive vice president. Listen for more below:
https://serve.castfire.com/audio/7411255/7411255_2025-05-12-171355.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Demolition of old Sears headquarters is complete
.cls-4{fill:#000;}
Job survey, AI water crisis, Chicago Pizza Pass
.cls-7{fill:#fff;fill-rule:evenodd}
Terry Savage: Evaluate your asset allocation
.cls-7{fill:#fff;fill-rule:evenodd}
Trump-Powell feud, office romance, work efficiency
.cls-7{fill:#fff;fill-rule:evenodd}
Lincoln Park Zoo’s annual Zoo Ball raises $1.8 million
.cls-4{fill:#000;}
Click for more
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