Five Decades of Successful Real Estate Investment

OUR STORY

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. 

Today, the portfolio includes retail, multi-family, hospitality, and office properties with a tenant base that includes:  Wal-Mart, Home Depot, Advocate Health, Hampton Inn, CVS, Walgreens, Jewel (Albertsons), Michael’s, McDonald’s, Dollar Tree, Portillo’s, Chipotle, Party City, Panera, Citibank, Starbucks, Noodles and Company, Planet Fitness, Just Tires, Curaleaf, Honeybaked Ham, Wingstop, and Bahama Buck’s among others.

FOUNDERS

JE Gross

John E. Gross
CEO / Principal

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James D. Devine
Principal (Retired)

EXECUTIVE TEAM

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Michael Horne
Senior Vice President

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Sean Devine
Senior Vice President

Drew Trammell

Drew Trammell
Asset Manager