Bucksbaum Properties Acquires River District Retail Center in Naperville

Bucksbaum Properties, LLC, a real estate owner and developer based in Chicago, has acquired River District, a prominent mixed-use shopping center located in downtown Naperville, Illinois.

River District, built in 1988, encompasses 2.74 acres of prime real estate at the southeast corner of Washington Street and Chicago Avenue, at the entrance of historic Downtown Naperville and along the famed Riverwalk. The property features nearly 59,000 square feet of high-quality tenants, including Rosebud, Fat Rosie’s Taco & Tequila Bar, Chipotle and Five Guys, as well as 12,000 square feet of second-floor office space.

This strategic investment continues Bucksbaum’s neighborhood retail investment initiative with plans for continued growth in strategic new markets across the country.”Our flexible capital, extensive industry experience, and unparalleled track record in development, property management, and leasing uniquely position us to capitalize on assets like River District and execute our strategy effectively in various markets across the United States,” said John Bucksbaum, Founder of Bucksbaum Properties.