Content about Illinois

July 22, 2014

Sears Outlet Stores has leased a 354,000-sq.-ft. former Sears location in Kansas City, expanding outlet store operations and services and developing a new central distribution center for the South-Central region.

Hoffman Estates, Ill. - Sears Outlet Stores has leased a 354,000-sq.-ft. former Sears location in Kansas City, expanding outlet store operations and services and developing a new central distribution center for the South-Central region. This new repair and distribution center is expected to create nearly 160 new jobs to be filled by Kansas City locals.

July 17, 2014

Cullinan Properties, Ltd. has promoted Scott Bishop to VP of Asset Management, responsible for overseeing all aspects of property operations for the company, including supervision of both in-house personnel and third-party firms.

Peoria, Ill. -- Cullinan Properties, Ltd. has promoted Scott Bishop to VP of Asset Management, responsible for overseeing all aspects of property operations for the company, including supervision of both in-house personnel and third-party firms. Bishop will also coordinate leasing, marketing and tenant construction-related activities for the managed properties.

July 16, 2014

Cullinan Properties said that Noodles & Company will be opening a new restaurant in November at the Levee District in East Peoria, Illinois.

East Peoria, Ill. -- Cullinan Properties said that Noodles & Company will be opening a new restaurant in November at the Levee District in East Peoria, Illinois.

July 16, 2014

Cullinan Properties said that Noodles & Company will be opening a new restaurant in November at the Levee District in East Peoria, Illinois.

East Peoria, Ill. -- Cullinan Properties said that Noodles & Company will be opening a new restaurant in November at the Levee District in East Peoria, Illinois.

July 14, 2014

The Home Depot is collaborating with 3-D printer manufacturer MakerBot to start selling MakerBot Replicator desktop 3-D printers online and in 12 Home Depot stores in California, Illinois and New York, beginning July 14.

Atlanta - The Home Depot is collaborating with 3-D printer manufacturer MakerBot to start selling MakerBot Replicator desktop 3-D printers online and in 12 Home Depot stores in California, Illinois and New York, beginning July 14. This is the first time Home Depot has offered 3-D printers for sale in its stores and will be a pilot program for MakerBot and Home Depot.

July 14, 2014

Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Gateway Square in Hinsdale (Chicago MSA), Illinois.

Chicago -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Gateway Square in Hinsdale (Chicago MSA), Illinois. The 39,710-sq.-ft. center was purchased for $10 million, excluding closing costs and adjustments, by Buffalo Grove, Illinois-based C P Management, LLC.
 

July 14, 2014

Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Gateway Square in Hinsdale (Chicago MSA), Illinois.

Chicago -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Gateway Square in Hinsdale (Chicago MSA), Illinois. The 39,710-sq.-ft. center was purchased for $10 million, excluding closing costs and adjustments, by Buffalo Grove, Illinois-based C P Management, LLC.
 

July 9, 2014

McDonald’s Restaurants of Peoria/Bloomington will join the East Peoria Levee District with the opening of a new restaurant in September.

East Peoria, Illinois — McDonald’s Restaurants of Peoria/Bloomington will join the East Peoria Levee District with the opening of a new restaurant in September.

Local owner-operator Scott Bandy will be overseeing the construction of the restaurant, with plans to include a modern exterior and dual drive-thru lanes. Interior features include a dual-point ordering system with new split counter function, free Wi-Fi, and digital menu boards.

July 9, 2014

McDonald’s Restaurants of Peoria/Bloomington will join the East Peoria Levee District with the opening of a new restaurant in September.

East Peoria, Illinois — McDonald’s Restaurants of Peoria/Bloomington will join the East Peoria Levee District with the opening of a new restaurant in September.

Local owner-operator Scott Bandy will be overseeing the construction of the restaurant, with plans to include a modern exterior and dual drive-thru lanes. Interior features include a dual-point ordering system with new split counter function, free Wi-Fi, and digital menu boards.

July 7, 2014

Sears Holdings announced today that Kristin M. Coleman will join the company as senior VP, general counsel and corporate secretary.

Hoffman Estates, Ill. -- Sears Holdings announced today that Kristin M. Coleman will join the company as senior VP, general counsel and corporate secretary. Coleman most recently served as Brunswick Corporation's VP, general counsel and corporate secretary.

Coleman will be responsible for the oversight and leadership of Sears Holdings' legal business.

June 26, 2014

Walgreens opened a two-story, flagship in the north tower of Chicago’s iconic Wrigley Building on June 25.

Deerfield, Ill. -- Walgreens opened a two-story, flagship in the north tower of  Chicago’s iconic Wrigley Building on June 25.

A unique design, the store’s gradient color pattern and indirect lighting features complement the building’s exterior. A mosaic floor motif of the building’s famous clock welcomes customers as they enter off of Michigan Avenue.

June 25, 2014

Sears Hometown and Outlet Stores Inc. will open its newest Colorado Sears Home Appliance Showroom on June 26, in Arvada.

Hoffman Estates, Ill. - Sears Hometown and Outlet Stores Inc. will open its newest Colorado Sears Home Appliance Showroom on June 26, in Arvada. The Arvada location marks the fourth opening of a new Sears Home Appliance Showroom Store this year and the 14th opening of a new store across all of Sears Hometown and Outlet Stores formats.

June 19, 2014

Mattress retailer Sleepy’s has leased a 7,017-sq.-ft. store in DeKalb, Illinois, from Arthur Goldner & Associates.

Chicago — Mattress retailer Sleepy’s has leased a 7,017-sq.-ft. store in DeKalb, Ill., from Arthur Goldner & Associates. The new location is part of the company’s expansion in Illinois.

CBRE represented Arthur Goldner & Associates in the transaction. Mid-America represented the tenant.
 

June 17, 2014

Under Armour is bringing its “Brand House” specialty retail format to Chicago, with plans to open in the Windy City in March 2015.

Baltimore -- Under Armour is bringing its “Brand House” specialty retail format to Chicago, with plans to open in the Windy City in March 2015.

Located at 600 North Michigan Avenue, the 30,000-sq.-ft. store will be Under Armour’s largest retail space to date and offer a fully immersive brand experience. Innovative digital displays that act as points of information and inspiration will help tell the brand’s story.
 

June 12, 2014

Corner Bakery Café will open its first Wisconsin location later this year at The Mayfair Collection in Wauwatosa, Wis.

Chicago, Ill. — Corner Bakery Café will open its first Wisconsin location later this year at The Mayfair Collection in Wauwatosa, Wis. The 4,000-sq.-ft. franchise location is near the center entrance at Burleigh Street and 114th Street.

Construction is slated to begin within the next few weeks. Neo Fourno Inc., the franchisee, plans to open 10 new cafes in Madison and Milwaukee over the next five years.

June 6, 2014

The Inland Real Estate Group of Cos. has appointed Chong P. Huan chief information officer. He will direct all information technology initiatives for Inland and its member companies. In addition, Huan will serve as CEO of Inland Computer Services, Inland’s in-house IT and computer services department.

Oak Brook, Ill. — The Inland Real Estate Group of Cos. has appointed Chong P. Huan chief information officer. He will direct all information technology initiatives for Inland and its member companies. In addition, Huan will serve as CEO of Inland Computer Services, Inland’s in-house IT and computer services department.

May 28, 2014

The Tabani Group has acquired The Glen town Center in Glenview, Illinois, in the Chicago metro area.

Glenview, Ill. — The Tabani Group has acquired The Glen town Center in Glenview, Illinois, in the Chicago metro area.

The 267,732-sq.-ft. center is located just 20 minutes from downtown Chicago in the affluent North Shore suburb of Glenview. Dick’s Sporting Goods and separately owned Von Maur, anchor the center. Tenants include Jos A. Bank, Yard House, Bravo! Cucina Italiana and the Regal Glen 10 Movie Theatres, which are also separately owned.

May 23, 2014

The states of Connecticut, Florida, and Illinois, are jointly investigating a recent data breach at EBay Inc., and the state of New York is asking EBay to offer free credit monitoring for any customer whose data was exposed.

San Jose Calif. – The states of Connecticut, Florida, and Illinois, are jointly investigating a recent data breach at EBay Inc., and the state of New York is asking EBay to offer free credit monitoring for any customer whose data was exposed.

May 21, 2014

Founders Properties has hired Trademark Property Co. to handle management, marketing, accounting and construction for Burr Ridge Village Center, a 232,000-sq.-ft. mixed-use lifestyle center in Burr Ridge, Illinois.

Fort Worth, Texas — Founders Properties has hired Trademark Property Co. to handle management, marketing, accounting and construction for Burr Ridge Village Center, a 232,000-sq.-ft. mixed-use lifestyle center in Burr Ridge, Illinois.

Located 15 miles west of Chicago, the center forms a downtown for the affluent Burr Ridge community. It includes 195,000 sq. ft. of retail and restaurants, 37,000 sq. ft. of office and 196 luxury residential units.

May 21, 2014

Founders Properties has hired Trademark Property Co. to handle management, marketing, accounting and construction for Burr Ridge Village Center, a 232,000-sq.-ft. mixed-use lifestyle center in Burr Ridge, Illinois.

Fort Worth, Texas — Founders Properties has hired Trademark Property Co. to handle management, marketing, accounting and construction for Burr Ridge Village Center, a 232,000-sq.-ft. mixed-use lifestyle center in Burr Ridge, Illinois.

Located 15 miles west of Chicago, the center forms a downtown for the affluent Burr Ridge community. It includes 195,000 sq. ft. of retail and restaurants, 37,000 sq. ft. of office and 196 luxury residential units.

May 16, 2014

Best Buy has exceeded its goal of reducing energy consumption by 20% by 2020 as part of the Department of Energy’s Better Buildings Challenge issued by President Barack Obama in 2011.

Minneapolis -- Best Buy has exceeded its goal of reducing energy consumption by 20% by 2020 as part of the Department of Energy’s Better Buildings Challenge issued by President Barack Obama in 2011.

May 9, 2014

At an event with President Barack Obama, Walmart announced that it will double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers by 2020.

Bentonville, Ark. - At an event with President Barack Obama, Walmart announced that it will double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers by 2020. The commitment is part of Walmart’s global initiative to drive the production or procurement of 7 billion kilowatt hours (kWh) of renewable energy by the end of 2020.

May 2, 2014

Walgreens provided an up-close look at its new location in Evanston, Ill. — distinguished as the nation’s first net zero energy store — during a super-session at this year’s SPECS conference. Initial engineering estimates — which can vary due to the weather, store operations, systems performance and other factors — indicate that the store will use 200,000 kilowatt hours per year of electricity while generating 220,000 kilowatt hours per year.

May 2, 2014

Mike George likes to say that his company is in the retail real estate information business. “Our clients buy, sell and lease retail real estate,” said George, principal and president of Oakbrook Terrace, Ill.- based Mid-America Real Estate Group. “Clients that buy and sell real estate rely on us for information that helps them make the best business decisions. When clients hire us to manage and lease shopping centers, they want our information-based decisions.”

May 1, 2014

Editor’s Note: The 25th annual survey of Fastest-Growing Managers surveys new domestic and international third-party management and leasing contracts obtained during the 2013 calendar year and ranks the top performers. As always, the measuring stick is square footage.