Retail N Illinois
Salon Lofts to open at Town Square Wheaton

Salon Lofts to open at Town Square Wheaton

Tucker Development announced that national salon and beauty provider Salon Lofts has signed a lease at Town Square Wheaton, a 203,000-square-foot shopping center with retail and office components at the intersection of Blanchard Circle and Naperville Road in Wheaton, Illinois. the interior buildout is expected to begin this month, with an anticipated summer 2018 opening.

Retail N Illinois
Sterling Organization acquires retail property off of Mag Mile

Sterling Organization acquires retail property off of Mag Mile

Sterling Organization, a private equity real estate investment firm headquartered in Palm Beach, Florida, has acquired 10,051 square feet of vacant retail space at 110 E. Pearson Street in Chicago’s world-renowned “Magnificent Mile” shopping district. The asset was purchased on behalf of Sterling Organization’s institutional fund Sterling Value Add Partners II, LP for $15.1 million. The seller, Levy Restaurants, was represented by Derrick Almassy and George Good of CBRE.