CSRE Signs Lease with Firecakes
OAK PARK, IL – Clark Street Real Estate has fully executed a lease with Firecakes, a hand-crafted donut shop based in Chicago.
Firecakes signed a ten year lease term for a 1,055 square foot space at The Emerson in Oak Park. Firecakes is expected to open Fall 2017.
For more about Firecakes, visit firecakesdonuts.com.
CSRE Completes Acquisition of Denver West Village Outlot & Subsequent Build-to-Suit with AT&T10/24/2016
CSRE Completes Acquisition of Denver West Village Outlot & Subsequent Build-to-Suit with AT&T
Lakewood, CO – Clark Street Real Estate (“CSRE”) recently completed the acquisition of an outlot that sits in front of Denver West Village (anchored by Whole Foods, Bed Bath & Beyond, Old Navy, and Marshalls) and across the street from the 1.1MM SF Colorado Mills mall. CSRE will break ground on a new freestanding AT&T store this Fall with a projected opening of late Spring 2017.
Jollibee Now Open in Skokie, IL
Skokie, IL – Jollibee, the Philippines largest fast-food chain, held their grand opening of its first Midwest restaurant on Friday, July 29th at Touhy Marketplace, a Walmart-anchored shopping center, located at 3534 W. Touhy Avenue in Skokie, IL.
Clark Street Real Estate secured a ground lease for the 4,500 square foot Jollibee restaurant in November of 2014 and construction of the site was completed this summer. With more than 3,000 stores worldwide and rapidly expanding, Jollibee features Filipino-influenced dishes specializing in burgers, spaghetti, chicken and some local Filipino dishes.
Clark Street Real Estate is a boutique company that specializes in developing and redeveloping retail, medical office, industrial and mixed-use properties ranging from single tenant to large-scale, complex projects.
CSRE Signs Lease with AT&T in Ravenswood
CHICAGO, IL – Clark Street Real Estate has fully executed a lease with AT&T.
AT&T signed a seven year lease term for a 2,248 square foot space at Dukes Plaza on 1724 W Lawrence Ave. in the Ravenswood neighborhood. AT&T is expected to open Summer 2017.
For more about AT&T, visit att.com.
For leasing information at 1724 W Lawrence Ave, please contact Adam Moschin at 312-377-9306 or by email at firstname.lastname@example.org.
Construction Commenced in Oak Park
Clark Street Real Estate (“CSRE”) and Lennar Multifamily Communities (“LMC”) are pleased to announce the closing and commencement of construction on Oak Park Station located at the southeast quadrant of Lake and Harlem in Downtown Oak Park. This dynamic mixed-use development will consist of approximately 28,000 square feet of retail space, 270 luxury apartments, and a five-level 424 space parking garage. Oak Park Station is expected to be complete by Summer 2017.
For retail leasing information, please contact RKF at 312.698.8880 or visit RKF.
CSRE Signs Lease with Smart Choice MRI at Touhy Marketplace
Skokie, IL – Clark Street Real Estate has recently fully executed a lease with Wisconsin based, top-tier MRI center, Smart Choice MRI.
Smart Choice MRI has signed a ten year lease term for a 1,552 square foot space at the Walmart anchored Touhy Marketplace shopping center located on Touhy Avenue in Skokie. Smart Choice is expected to open spring 2016.
For more about Smart Choice MRI, visit smartchoicemri.com.
For leasing information at Touhy Marketplace, please contact Adam Moschin at 312-377-9306 or by email at email@example.com.
Site Preparations Begin for Oak Park Station
Oak Park, IL - Oak Park Mayor Anan Abu-Taleb was joined Tuesday morning by representatives of Clark Street Real Estate and Lennar Multifamily Communities in officially commemorating the start of the Village’s next major downtown development project – Oak Park Station.
The mixed-use development project planned for the properties often referred to the Colt site will bring 271 luxury apartments, 26,000 square feet of retail space and a five-level parking garage with 400-plus spaces to the area just east of Harlem Avenue.
“I am pleased to see that work is now underway on this important project for our community,” said Mayor Anan Abu-Taleb. “Attracting private investments to the community is a key responsibility of local government and my number one priority as mayor. Projects both large and small can go a long way toward easing the property tax burden on homeowners who do the heavy lifting for our tax base.”
Crews already have begun demolishing a portion of 1118 Westgate Street to the east of the main site and ComEd, Nicor and AT&T soon will be relocating services to clear the way for construction to begin. Final environmental testing also is expected to be completed within the month, which is the final hurdle to the project moving into high gear.
Full-scale construction activities for the project are anticipated to begin by mid-December, according to development officials. Substantial completion is envisioned for March 2017.
The project site is bounded by Marion Street, Harlem Avenue, Lake Street and North Boulevard. Plans call for constructing a five-story building fronting Lake Street and a 20-story building facing North Boulevard. The two buildings would be connected by a pedestrian bridge over Westgate Street.
The public investment in the project will be about $7 million, which includes the value of the land, the public portion of the new garage and the new street that will connect Lake Street and North Boulevard. The project is expected to cost about $85 million. Once completed, it is projected to add about $25 million to the local property tax base.
Information on this and other development projects is posted at www.oak-park.us/projects
Clark Street Supports Cancer Research at 17th Annual HEEF Dinner
Chicago, Illinois - On October 6th over 700 people, including CSRE team members in support of CSRE Principal and President of the HEEF Executive Board Peter Eisenberg, gathered at the Palmer House Hilton for the Seventeenth Annual Harold E. Eisenberg Foundation Fundraising Dinner. The event successfully raised nearly half a million dollars to benefit the foundation’s two-pronged mission of funding gastrointestinal cancer research and advancing real estate education.
During the annual event, the organization announced their new Real Estate Scholar program, which will provide three outstanding students with an opportunity to work hand-in-hand with real estate innovators to jumpstart their careers in real estate, including a scholarship awarded to each of the students.
For more information about The Harold E. Eisenberg Foundation, please visit www.eisenbergfoundation.org.
Oak Park Village Board Approves Oak Park Station
Clark Street Real Estate and Lennar Multifamily Communities are pleased to announce that they have received unanimous approval from the Oak Park Village board on its Oak Park Station project at the southeast quadrant of Lake and Harlem in Downtown Oak Park. Oak Park Station will consist of 26,000 square feet of ground floor retail, 271 luxury apartments, and a 428 car public parking garage. The development team is slated to begin construction in November of 2015 with a project completion target for summer of 2017.
Additionally, please click to read the recent Chicago Tribune article on the project.
For retail leasing information, please contact Anthony Campagni at RKF at 312.698.8815 or by e-mail at firstname.lastname@example.org.
Panera Bread Signs Single Tenant Lease in Glen Ellyn, IL
Glen Ellyn, IL – Clark Street Real Estate (“CSRE”) has recently fully executed a lease with national bakery-café chain, Panera Bread.
Panera Bread has committed to a long term lease on a 0.96 acre outlot located on the 700 block of Roosevelt Road. Construction for Panera Bread’s 4,300 sf single tenant building with a drive-thru facility is scheduled to commence in spring of 2016.
For more about Panera Bread, visit panerabread.com.
For leasing information at Roosevelt Glen, please contact Adam Moschin at 312-377-9306 or by email at email@example.com.
CSRE Completes Acquisition of Duke's Plaza in Ravenswood
CHICAGO, IL – Clark Street Real Estate (“CSRE”) recently completed the acquisition of Duke’s Plaza, a 3,750 square foot strip center in the heart of the Ravenswood neighborhood of Chicago. Duke’s Plaza is located blocks away from the new Mariano’s, LA Fitness and the Ravenswood Metra and “L” station. Significant capital improvements will be made in order to reposition the Property. The site features nine on-site surface parking spaces and a large pylon sign along Lawrence Avenue.
For leasing information, please contact Adam Moschin at 312-377-9306 or by email at firstname.lastname@example.org.
Mayor Emanuel And Alderman Suarez Announce Newest Tenant At $60 Million Redevelopment Of “The Fields”03/12/2015
Mayor Emanuel And Alderman Suarez Announce Newest Tenant At $60 Million Redevelopment Of “The Fields”
03/12/2015Mayor Emanuel And Alderman Suarez Announce Newest Tenant At $60 Million Redevelopment Of “The Fields”
Clark Street Development renames to Clark Street Real Estate
Chicago, Illinois – We are proud to announce that we changing our official company name from Clark Street Development to Clark Street Real Estate.
The Company will continue to operate in its current structure and all our contact information will remain unchanged. In addition to our name change, Clark Street Real Estate is pleased to unveil its new branding created in conjunction with Pivot Design.
Pivot Design is an award-winning graphic design agency specializing in the creation of exceptional brand materials covering all aspects of today’s complex marketplace.
Clark Street Real Estate Completes Sale of Floor & Decor Property
Skokie, Illinois – Clark Street Real Estate has recently sold the Floor & Decor property located at 3300 Oakton Street in Skokie, IL. CSRE acquired the former General Automation industrial building and redeveloped it for Floor & Decor, a specialty retailer that sells a range of tiles, glass products, kitchen & bath products, flooring and related accessories. Jordan Schtulman and Jonathan Wolfe of Stream Capital Partners procured the buyer a private East Coast REIT.
For more about Floor & Decor, visit flooranddecor.com.
The Rock Wood Fired Kitchen Opens at Woodbridge Centre
Wylie, Texas – Clark Street Real Estate is proud to announce the opening of The Rock Wood Fired Kitchen at its Kroger Marketplace–anchored shopping center located in Wylie, Texas. The Rock Wood Fired Kitchen completed construction on the 7,700 square foot full service restaurant and held its grand opening on December 28th, 2014. The grand opening at Woodbridge Centre broke the previous sales record for this concept's new store openings.
For more about The Rock, visit therockwfk.com.
M Burger Opens at Touhy Marketplace
Skokie, Illinois – M Burger (Lettuce Entertain You) opened its first location outside the City of Chicago. The free-standing restaurant includes seating for 100 and a drive-thru. CSRE developed the site and managed vertical construction for M Burger as part of its Touhy Marketplace redevelopment project.
For more about M Burger, visit mburgerchicago.com.