CRE Midwest

Shorewood Development Group acquires Meacham Gatherings

Shorewood Development Group, and its partners Louis Schriber III, Aaron Roth, and Alp Haciosmanoglu, have announced the acquisition and development of Meacham Gatherings, located at 900 N. Meacham in Schaumburg.

Shorewood Development Group, and its partners Louis Schriber III, Aaron Roth, and Alp Haciosmanoglu, have announced the acquisition and development of Meacham Gatherings, located at 900 N. Meacham in Schaumburg. Allen Joffe, principal and managing broker of Baum Realty Group, represented Shorewood Development Group in both the acquisition and leasing of the 3.33-acre land site that neighbors Woodfield Shopping Center.

Acquisition of the land site, previously home to the Alliance for Audited Media (formerly the Audit Bureau of Circulations), was completed on Feb. 5, 2013. Meacham Gatherings will be home to approximately 19,000 square feet of new construction retail space when delivered in July 2013. Meacham Gatherings is currently 75 percent leased, though negotiations are underway for the remaining space. Confirmed tenants include On the Border, Potbelly, Protein Bar, and Roti.