Retail N Illinois
Quantum Real Estate Advisors brokers multi-tenant retail center sale

Quantum Real Estate Advisors brokers multi-tenant retail center sale

Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant retail building located at 28341-28361 Diehl Road in Warrenville, Illinois. The roughly 18,000-square-foot property sold for $5,367,000. At the time of the sale, the property was 93-percent leased to national and regional tenants including Starbucks, Potbelly, T-Mobile, Spotted Paw and Jazza Nails.

Retail N Illinois
Lincoln Common confirms another retailer in Philz Coffee

Lincoln Common confirms another retailer in Philz Coffee

Chicago’s second Philz Coffee location is headed to Lincoln Common, the mixed-use project co-developed by Hines and McCaffery Interests. Located in the city’s Lincoln Park neighborhood, the six-acre development recently announced Velvet Taco, Kohler Waters Spa, Equinox Fitness and Athletico Physical Therapy among the retail tenants. The latest outlet of the San Francisco-based coffee shop is expected to open Q3 2019.

Retail N Illinois
Athletico signs lease at Lincoln Common

Athletico signs lease at Lincoln Common

Hines and McCaffery Brokerage welcome Athletico Physical Therapy as the newest tenant at Lincoln Common, a mixed-use development spanning over six acres in the heart of Chicago’s Lincoln Park neighborhood. The orthopedic rehabilitation provider has signed a lease for 4,377 square feet on the second floor of 2350 N. Lincoln Avenue, scheduled to open in the second quarter of 2019.

Retail X Missouri
Rainier buys 308,000-square-foot power center in Kansas City market

Rainier buys 308,000-square-foot power center in Kansas City market

Rainier Realty Investments LP acquired the 308,200-square-foot Truman’s Marketplace, a Class-A regional retail power center in the Kansas City, Missouri, MSA. The 98-percent occupied property includes a roster of national retailers including Ross Dress for Less, TJ Maxx, Burlington Coat Factory, Petco and Price Chopper, which has been at this location for more than 30 years.

Retail N Illinois
Graycor Construction completes upscale shopping center, Mellody Farm

Graycor Construction completes upscale shopping center, Mellody Farm

Graycor Construction Company has completed the construction of the retail portion of Mellody Farm, a retail and residential mixed-use development in Vernon Hills, Illinois, for developer and owner Regency Centers. The retail development of Mellody Farm consists of 12 one-story, slab-on-grade retail buildings, nine of which were constructed by Graycor. The 28-acre project is the first upscale, open-air, regionally located shopping and dining destination in Lake County.