Homewood, IL Former vacant local restaurant on a two acre parcel was purchased in Fall, 2014 for demolition and redevelopment into a free-standing 8,860 sf Portillo’s restaurant on the Homewood regional shopping corridor. The new restaurant was built in Spring, 2015, opened in Summer, 2015 and was sold in Winter, 2015.
Homewood, IL Former vacant Applebee’s Restaurant was purchased in Spring, 2014 for redevelopment into a 8,365 sf multi-tenant building on a one acre outlot shadow-anchored by Menard’s, Target, Home Depot and OfficeMax. The new building is anchored by Potbelly, Verizon Wireless and Mattress Firm and opened in Spring, 2015 and was sold in Summer, 2015.
Lockport, IL A +/- 50 acre fully-improved redevelopment site was acquired in Spring, 2014 for a future +/- 400,000 sf regional power center development (timing TBD). The first phase of the project is a +/- 11,000 sf multi-tenant outlot building anchored by Mattress Firm that opened in Fall, 2015.
Palatine, IL Former vacant Applebee’s Restaurant was purchase in Fall, 2013 for redevelopment into a 11,700 sf multi-tenant building on a 1.5 acre outlot shadow-anchored by Target, Home Depot, TJ Maxx, Ross Dress For Less and Home Goods. The new building is anchored by Starbucks, Chipotle, Pie Five Pizza, Menchie’s Frozen Yogurt, AT&T and Jersey…