Retail N Illinois
Marcus & Millichap arranges $4M sale of Chicago retail property

Marcus & Millichap arranges $4M sale of Chicago retail property

Marcus & Millichap closed the sale of Park Shops, a grocery-anchored center with 47,069 square feet of retail space located at 6400 W. 63rd Street in Chicago. The grocer, Fair Share Super Market, had been operating at the location for 27 years and recently extended for 10 years. The property was under contract within 14 days of going to market and closed at $3,934,999—97 percent of list price.

Retail N Illinois
The Missner Group completes Naf Naf Grill build-out in Chicago

The Missner Group completes Naf Naf Grill build-out in Chicago

The Missner Group has completed the build-out of a new Naf Naf Grill location at 231 S. LaSalle Street in Chicago. The new Middle Eastern restaurant features a high-end kitchen equipped with a walk-in cooler and a bakery to host the restaurant chain’s signature pita oven. Renovations also included a dining room space and restrooms to serve their customers.

Retail N Illinois
CBRE closes sale of Lincoln Park retail asset

CBRE closes sale of Lincoln Park retail asset

CBRE recently represented Acadia Realty Trust in the sale of a 31,764-square-foot retail property at 938 W. North Avenue in Chicago to The Feil Organization. Located on the corner of North Avenue and Sheffield Avenue in Chicago’s Lincoln Park neighborhood, the property is 100 percent occupied and home to retailers Sephora and a Lululemon flagship store.

Retail N Illinois
NKF advises Orangetheory Fitness in 4,000-SF Michigan Avenue lease

NKF advises Orangetheory Fitness in 4,000-SF Michigan Avenue lease

Orangetheory Fitness has leased 4,000 square feet on the second floor of 155 N. Michigan Avenue in Chicago. Newmark Knight Frank (NKF) managing director, Larry Kling, represented Orangetheory Fitness in its site selection analysis and lease negotiations for its new location on Michigan Avenue. Kling represents Orangetheory Fitness’ real estate interests in Illinois, having represented the fitness franchise in over 40 lease transactions since 2012.

Retail N Illinois
dd's DISCOUNTS to open a new store in Hillside, Illinois

dd's DISCOUNTS to open a new store in Hillside, Illinois

dd’s DISCOUNTS, a division of Ross Stores, will open a new store in Hillside, Illinois on September 28, 2019. The 18,000-square-foot store is located at the Hillside Town Center at the southwest corner of Interstate 290 and Mannheim Road. With this new opening, dd’s DISCOUNTS will operate nine stores in Illinois and a total of 261 locations in 19 states.

Retail Midwest
Metro Commercial Real Estate brokers 10 new locations for The Edge Fitness Clubs

Metro Commercial Real Estate brokers 10 new locations for The Edge Fitness Clubs

Metro Commercial Real Estate has brokered ten new locations for The EDGE Fitness Clubs in the Chicago, Detroit, St. Louis and Philadelphia markets. The leasing team from Metro was led by senior vice president Brandon Anapol and vice president Scott Benson. Metro is the exclusive regional broker for The EDGE Fitness Clubs throughout the Midwestern and Mid-Atlantic United States.