Strategically focused on investing in retail, multi-family, hospitality, and mixed-use.

Established in 1989, Newcastle Properties, LLC is a private real estate investment firm operating a diversified national investment strategy.

WHO WE SERVE

We prioritize client relationships

About us

Five Decades of Successful Real Estate Investment

Newcastle Properties was founded by James D. Devine and John E. Gross, two highly successful commercial real estate brokers in Chicago. Working for the legendary Arthur Rubloff & Co., they eventually joined together to start investing for their own account. With retail real estate as their initial focus, the portfolio of properties grew significantly, at one time topping 3,800,000 sf and currently totaling over 2,800,000 sf. 

Testimonial

What our clients say about us

Andrew Bulson

Principal | Mid America Real Estate

Having worked with Newcastle Properties for nearly thirty years on a variety of transactions, I have consistently found them to be an exceptionally capable and reputable organization. Their deep market knowledge, professionalism, and financial capabilities ensure they are always able to deliver outstanding results for my clients. I highly value our long-standing partnership and look forward to many more successful deals together.

Dan Hubbard

Senior Vice President | CBRE

I’ve enjoyed working with the Newcastle Properties team in Nevada and appreciate their professionalism, market insight, and attention to detail. They are well prepared, efficient, and consistently great to work with on retail transactions, taking the time to build relationships with local brokers and openly share market knowledge that adds value to every deal.

Jim O’Brien

President | Midwest Construction Partners

Newcastle Properties has been a valued client and trusted partner for many years. Throughout our working relationship, their team has consistently operated with professionalism, honesty, and a genuine commitment to delivering high-quality projects.

We’ve always appreciated their collaborative approach, attention to detail, and the respect they show to everyone involved in the process. Newcastle understands the importance of building long-term relationships, and that has made our partnership both successful and enjoyable over the years.

We are grateful for the opportunity to work alongside Newcastle Properties and are proud to continue supporting their projects. We look forward to many more years of partnership together.

Connect With Us To Schedule A Conversation

Our extensive experience, industry relationships, and operational excellence is the backbone of our business.