Just Closed! Shopping Center Acquired in Buffalo Grove

Kensington recently acquired the 127,200 SF Buffalo Grove Town Center located at the NWC of Lake Cook Rd & Rt 83.  Kensington is redeveloping the 22-acre site into a grocery anchored mixed-use development consisting of 300 luxury apartments, multiple restaurants, and retail.  The Clove is breaking ground immediately for 2023 retailer openings.

Unanimous Approval in Buffalo Grove – The Clove

Kensington is thrilled to announce unanimous Village Board Approval for The Clove.  The 22-acre mixed-use development is anchored by a 43,000sf national grocer, 300 luxury units, and numerous restaurant and entertainment users.  We are excited to break ground this summer and have limited retail space available.

Newly Acquired Parcel – Overland Park, KS

Kensington recently acquired a 2.8 acre parcel in Prairiefire, a 60 acre mixed-use development in Overland Park, KS.  Kensington is pleased to move forward on developing a grocery store in Prairiefire.  

ALDI Now Open in Woodstock!

Kensington is proud to announce another completed ALDI. The new Woodstock ALDI located at the NWC of Lake Ave and American Way celebrated its grand opening last week.

Proud to Announce Village Support on a +/- 22 Acre Mixed Use Redevelopment

Kensington is proud to announce Village support on the redevelopment of Buffalo Grove Town Center at the NWC of Lake Cook Rd and McHenry Rd.  The newly redeveloped mixed-use center will include a half-acre park programmed for concerts, the arts and other civic events surrounded by retail, restaurants, and luxury multi-family residential.  Link to Village … [MORE]

Newly Acquired! LaPorte, IN

Kensington recently closed on a 2.3 acre parcel located at the NEQ of Pine Lake Ave and Truesdell Ave, LaPorte, IN for a future Aldi.

Last Endcap Leased-Sawmill Station

Kensington is pleased to announce that American Family Care signed a lease in Morton Grove Sawmill Station for the last remaining space.  AFC will occupy the 3,298 SF endcap next to Chipotle.

Sawmill Station, Morton Grove – Named a Finalist in 2021 IREJ Awards

Kensington is honored that Sawmill Station was named a finalist in the Illinois Real Estate Journal Award’s Redevelopment Category.  We appreciate all our consultants, retailers, brokers, and the Village of Morton Grove that have played a key role in the success of this redevelopment.