Retail N Illinois

NKF advises IT'SUGAR in new, long-term lease on Chicago’s Navy Pier

NKF advises IT'SUGAR in new, long-term lease on Chicago’s Navy Pier,ph01

Newmark Knight Frank (NKF) has successfully advised IT’SUGAR in leasing 2,000 square feet at Chicago’s Navy Pier. IT’SUGAR signed the new, long-term lease following NKF’s strategic analyses of suitable locations for an additional Chicago store.

Founded in 2006, IT’SUGAR is the largest and fastest growing specialty candy retailer with 100 locations across the United States and abroad. The NKF team comprising executive managing director Gregory Kirsch, senior associate Corey Black and managing director Larry Kling represented IT’SUGAR in its site selection analysis and lease negotiations. NKF represents IT’SUGAR nationally for its real estate needs. This is the third Illinois location for the candy retailer, who also has stores at Gurnee Mills in Gurnee and New City in Chicago.

Located at 600 E. Grand Avenue, IT’SUGAR at Chicago’s Navy Pier offers unique candy and novelty products. The store also offers a “Taste of Chicago Box” which features products that originated in Chicago including Tootsie Rolls, Razzles, Baby Ruth, Juicy Fruit, Charleston Chew, Sugar Daddy, Chuckles and more. Now open, the store has a design inspired by the historic Chicago site and vintage ads paying homage to the city’s candy history.

“IT’SUGAR wanted to expand its Chicago presence and highlight candy that originated here,” said Kirsch. “Navy Pier is a place where local residents and visitors from around the world come to experience the city, so it was a perfect fit, however Navy Pier has limited retail space and is thus very competitive to get a storefront in this prime location.”

A Chicago landmark, Navy Pier is a 3,300-foot-long pier on the Chicago shoreline of Lake Michigan. Located in the Streeterville neighborhood of the Near North Side, Navy Pier encompasses more than fifty acres of parks, gardens, shops, restaurants, family attractions and exhibition facilities. It is one of the most visited attractions in the entire Midwest and is Chicago’s number one tourist attraction. IT’SUGAR joins current tenants of Navy Pier including Build-A-Bear Workshop, Garrett Popcorn Shops, Giordano’s, Harry Caray’s Tavern, Bubba Gump Shrimp Co., McDonald’s and Starbucks, to name a few.