However, Sun Capital Partners, Inc. has agreed to buy the271-store grocery chain in a $41.5-million deal that could close inthe third quarter, and bolster efforts to sell NapervilleMarketplace by having an anchor backed by a $30-billion company."We view that as a real positive thing," said chief executiveofficer and president John A. Kite during his company's recentearnings conference call. His company continues to monitorIndianapolis-based Marsh Supermarkets, which leases 194,902 sf inthree locations. "All of our Marsh's are current in their rent," headded.

Kite Realty Group paid $9.5 million in 2005 for 21.6 acres onRoute 59 and a partially built Super K-Mart. The REIT, which ownstwo grocery-anchored centers in Fox Lake and South Elgin, isfinancing the Naperville Marketplace project with a $11.6-millionloan from LaSalle Bank.