Metro Brings Pie 5 & The Joint to Meacham Square in Schaumburg
Schaumburg, IL (July 6, 2015) – Metro Commercial Real Estate (Nathan Tonnies) is pleased to announce that Meacham Square in Schaumburg is now fully leased with the signing of Pie Five Pizza Co. and The Joint. Pie Five (now open) and The Joint will be joining tenants Five Guys, Einstein Brothers Bagels, Jimmy John’s, and Buffalo Wild…
Construction Begins on 10,800 SF Retail Building in Lockport, Ill.
Construction has begun on a 10,800-square-foot retail building at the 77-acre Lockport Square Shopping Center in Lockport. The property is located at the intersection of I-355 and 159th Street (IL Hwy 7). The multitenant retail building is located on a 1.3-acre site fronting 159th Street, providing high visibility for the property’s retail tenants. REBusinessOnline //…
Water Street District Breaks Ground in Downtown Naperville
Naperville, IL (May 6, 2015) – Metro Commercial Real Estate is pleased to announce that the Water Street District development in downtown Naperville, Illinois has officially begun construction. The Marquette Companies anticipated delivery time for the development is in the Fall of 2016. Water Street District is an attractive, dynamic new mixed-use Retail District offering…
Wilmette Commons Welcomes New Tenant
Wilmette, IL (March 9, 2015) – Steven Baer of Metro Commercial Real Estate is pleased to announce the signing of Salon Fusion to a new lease for an expanded location at Wilmette Commons. In addition, Wilmette Commons is pleased to welcome Indiana Technical Institute who has leased 2,763 square feet of space. About Metro Commercial…
Metro Brings ATI Physical Therapy to Lincolnshire Commons
Lincolnshire, IL (March 9, 2015) – Steven Baer of Metro Commercial Real Estate is pleased to announce the signing of ATI Physical Therapy to a new lease for a location at Lincolnshire Commons. About Metro Commercial Real Estate Metro Commercial Real Estate is a principal – based commercial real estate firm whose mission is to provide…
Baby, It’s Cold Outside – Time to Play Tennis
The thermometer reads 5 degrees on a recent weekday afternoon, with the wind chill even lower. So Steven Baer layers up before stepping on to a paddle tennis court at Northmoor Country Club in Highland Park. Crain’s Chicago Business // Shia Kapos // View the Full Article
NorthShore 770 in Northbrook, 98% Pre-leased & Under Construction
Northbrook, IL (January 8, 2015) – Steven Baer and Gary Greenfield exclusively represented Morningside Crossroads Partners LLC at NorthShore 770; a mixed use development with an approx. 100,000 SF of retail space at the corner of Skokie Blvd & Dundee Rd in Northbrook, IL. 98% of the retail portion of this mixed use development was…
Burlington to open Crystal Lake store at Toys R Us, former Marshall’s location
National clothing and home goods retailer Burlington plans to open a 58,411-square-foot store in the Commons of Crystal Lake this fall that could employ up to 100 people. The Burlington, New Jersey-based company made the announcement Wednesday. The store will be at 6120 Route 14 in Crystal Lake. Northwest Herald // View the Full Article
Beelow’s Steakhouse coming to Highland Park
Beelow’s Steakhouse is coming to Highland Park this winter, moving into the vacant location adjoining the Landmark Renaissance Place Cinema on Second Street. Beelow’s, a Lake Zurich restaurant, will open its second location at 1850 Second St., according to restaurant owner Dan Beelow. The steakhouse could open by the end of January or beginning of…
New steakhouse coming to Highland Park
Downtown Highland Park is landing a steakhouse to fill the void left when Rosebud closed a few years ago, its proprietor told Crain’s today. Dan Beelow, owner of Beelow’s Steakhouse in Lake Zurich, said he has signed a lease at Renaissance Place in the northern suburb and plans to open the 160-seat Beelow’s North Shore Steakhouse…
L3 Capital pays $5.5 million for Lincoln Square properties
A venture of Chicago-based L3 Capital LLC paid $5.5 million for commercial properties at 4740 N. Lincoln Ave. and 4722-28 N. Lincoln Ave. in Chicago’s Lincoln Square neighborhood, according to Cook County property records. Nathan Tonnies, a principal at Highland Park-based Metro Commercial Real Estate Inc., brokered the deal for L3 and is handling retail…
Lincolnshire Shopping Center Deal Financed with $31.5 Million Loan
A venture that includes Northbrook real estate firm Next Realty LLC borrowed $31.5 million from an affiliate of Chicago-based Ares Commercial Real Estate Corp. to finance its acquisition of Lincolnshire Commons, a nearly 130,000-square-foot shopping center in Lincolnshire, according to Lake County records. Next hired Steve Baer, principal at Highland Park-based Metro Commercial Real Estate…