In February of 2022, Mosaic acquired Centennial Plaza, a 115,456 square foot neighborhood shopping center located in Addison (DuPage County), Illinois, approximately 25 miles west of Chicago. The property benefits from good visibility along West Lake Street and sits within a mile of I-355, a major regional thoroughfare that connects Addison to Chicago. The property is currently 91% occupied today and is anchored by Xsport and BioLife Plasma. Xsport is a dominant regional fitness brand with 38 total locations. At the time of purchase this was the newest location in Xsport’s chain. The property has a wide tenant mix with a focus on entertainment uses that provides utility to the local and regional community.
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