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Bharat Sangani And Jake Bisenius Acquire Northpoint Center Retail Asset In Arlington Heights

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SOLD

Illinois

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Retail276,333 SF
Sold 05/08/2025
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Property Image
SOLD

Bharat Sangani And Jake Bisenius Acquire Northpoint Center Retail Asset In Arlington Heights

440 East Rand Road

See Similar Deals
Retail276,333 SF
Sold 05/08/2025
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:276,333 SF
Transaction Type:Sale

The 276,333-square-foot retail asset, known as Northpoint Center, is located at 440 East Rand Road in Arlington Heights, IL. It is a grocery-anchored retail center with various tenants, including Jewel-Osco, Ross, Marshalls, and Chase Bank. The sale details were not disclosed.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 440 East Rand Road
  • Market: Arlington Heights
  • Buyers: Bharat Sangani - Encore Enterprises Inc.; Jake Bisenius - AmCap Management Holdings LLC

Bharat Sangani represents Encore Enterprises Inc., while Jake Bisenius represents AmCap Management Holdings LLC in this transaction. The acquisition involved a prominent grocery-anchored retail center, emphasizing strategic interests in the region's retail market.

Players

JB
Jake Bisenius
2 deals$18.7M volume
BUYER

Details

SOLD
IMAGE: Bharat Sangani& Jake Bisenius DATE: 05/08/2025 ADDRESS: 440 East Rand Road MARKET: Arlington Heights ASSET TYPE: Retail ~ SF: 276,333 BUYER: Bharat Sangani - Encore Enterprises Inc.; Jake Bisenius - AmCap Management Holdings LLC NOTE: Encore Enterprises and AmCap Management Holdings acquired the 276,333-square-foot Northpoint Center in Arlington Heights, IL. The grocery-anchored retail center is leased to tenants including Jewel-Osco, Ross, Marshalls, and Chase Bank; sale details were not disclosed.

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