Image available of Finley Square in Downers Grove, Ill. here.
OAKBROOK TERRACE, Ill. (July 19, 2016) – Richard Spinell, principal of Oakbrook Terrace-based Mid-America Asset Management Inc., announced that the firm recently secured five new retail leases on behalf of shopping centers in the Chicagoland area. Highlighted transactions are listed below in order of size.
Bolingbrook, Ill. (Will County) – Michaels signed a lease for 20,400 square feet at Promenade at Bolingbrook North located at the northwest corner of Boughton Road and Interstate 355 in Bolingbrook, Ill. The 106,966-square-foot center is anchored by Bed Bath & Beyond, and is shadow-anchored by IKEA. Mid-America Leasing Representative Samantha Schnell represented the landlord. Kevin McLoughlin of Mid-America Real Estate Corporation represented the tenant.
Hoffman Estates, Ill. (Cook County) – Ulta signed a lease for 12,443 square feet at Poplar Creek Crossing located at the southwest corner of Routes 59 and 72 in Hoffman Estates, Ill. The 390,530-square-foot center is anchored by Target, Ross and T.J.Maxx. The location is expected to open fall 2016. Mid-America Principal Marget Graham and Leasing Representative Sarah Drumgould represented the landlord. Bill Argall of GreatStreet Realty represented the tenant.
Downers Grove, Ill. (DuPage County) – The Chalkboard and Five Below both signed new leases for 9,059 and 7,849 square feet, respectively, at Finley Square. The 311,373-square-foot center is located at the northeast corner of Butterfield and Finley Roads in Downers Grove, Ill., and is anchored by Bed Bath & Beyond, Michael’s, PetSmart, h.h. gregg and buybuy BABY. Mid-America Principal Marget Graham and Leasing Representative Sarah Drumgould represented the landlord. The Chalkboard was self-represented. Tim Miller and Steve Pilafas of GreatStreet Realty represented Five Below.
Bloomington, Ill. (McLean County) – Carters Osh Kosh signed a lease for 7,005 square feet at Colonial Plaza located at the northwest corner of Veterans Parkway and Illinois Route 9 in Bloomington, Ill. The 241,340-square-foot center also includes tenants Dick’s Sporting Goods, Ashley Furniture, Home Goods, DSW and Five Below. Mid-America Leasing Representative Samantha Schnell represented the landlord. Judy Sullivan of Kerry Development Company represented the tenant.
Mid-America Asset Management, Inc., a member of Mid-America Real Estate Group and a ChainLinks affiliate, is the Midwest's largest third-party retail asset manager, leasing and/or managing more than 60 million square feet of retail throughout the Midwest. For more information, call (630) 954-7300 or visit midamericagrp.com.
Image of Finley Square located in Downers Grove, Ill.
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