Thursday, December 19, 2013

MACK Companies Purchases Three Commercial Properties in Tinley Park, IL


High Pointe Plaza, 6787 159th Street, Tinley Park, IL
CHICAGO, IL (Dec. 19, 2013) – MACK Companies, a premier provider of redeveloped residential properties and one of the largest owners and managers of single-family rentals in the Chicagoland area, announced that the firm recently expanded into the commercial market with the purchase of two shopping centers and an office building in Tinley Park, Ill.

MACK will provide property management services for all three buildings, which were purchased in September.

 “For the past 16 years, MACK’s focus has been on raising the quality of life for residents in key Chicagoland communities, like Tinley Park, by delivering quality redeveloped housing. 

Entering the commercial market by delivering prime retail and office space in these communities is a natural extension of what we do best,” said Eric Workman, vice president of sales and marketing at MACK.

Each of the three commercial properties were in foreclosure at the time of MACK’s purchase.

 MACK has been headquartered in Tinley Park since its founding in 1997.


Gateway Plaza,6800 Oak Park Avenue, Tinley Park, IL
“With its easy access to Chicago, Tinley Park is home to many hardworking people who want convenience, choice and affordability where they live and where they shop. 

"Because our firm’s roots are in Tinley Park, we understand its residents and their needs. Both Gateway Plaza and High Pointe Plaza address their needs.”   

 Gateway Plaza, located at 6800 Oak Park Avenue, is a 7,500-square-foot shopping center with a mix of retail, office and commercial space. Interior renovations have begun, with plans for exterior renovations slated for the spring of 2014.

 “Gateway Plaza was aptly named, because it truly is the gateway to Tinley Park,” said Workman.

Centennial, 6820 South Centennial Drive, Tinley Park, IL
 “It corners the intersection coined as 'Gateway' by the Village, because it’s located at the southernmost point of Tinley Park, is just a mile from downtown and only 1½ miles from the First Midwest Amphitheater. 

"Gateway is a destination for many residents as well as those in neighboring communities.” Purchased for $375,000, current tenants include Ames Tools and Signature Dry Cleaners, with 4,500 square feet of available retail space.

 Located 10 blocks north of Gateway Plaza at 6787 159th Street, High Pointe Plaza is an 11,953 square-foot shopping center. Betscher Cleaners and Indy Mac Holdings LLC currently occupy a total of 5,361 square feet at High Pointe, with 3,950 square feet of retail and office space available.

Fulton House, Chicago, IL
Centennial is an 8,000-square-foot facility that will become office space for approximately 40 MACK employees from the firm’s executive management, operations, accounting and sales and marketing divisions. Move-in is scheduled for early 2014.

 “As we’ve expanded our business, we’ve also expanded our resources,” said Workman. “While we’ll keep the historic Fulton House, we needed a larger headquarters to accommodate our firm’s exponential growth.” 

Centennial is located at 6820 South Centennial Drive, just two blocks north of the Fulton House.

For information on Gateway Plaza and High Point Plaza, contact Rob Coco at 855-706-6225 or robcoco@ibuymack.com.

  For a complete copy of the company’s news release, please contact:

Kelly Shumaker kshumaker@taylorjohnson.com, 312-267-4519
Emily Johnson, ejohnson@taylorjohnson.com, 312-267-4522



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