Monday, September 8, 2008

HFF named to market for sale Willow Festival Annex in Northbrook, IL

CHICAGO, IL – The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) has been named to market for sale, Willow Festival Annex, (top right photo) a mixed-use retail and hotel development in Northbrook, Illinois.

The HFF investment sales team will be led by managing director Paul Barile and director Janice Sellis who are marketing the development on behalf of the seller, Four Columns, Ltd.


The property is listed for sale without a formal asking price and is free and clear of debt.

Completed in 2007/2008, Willow Festival Annex has a 6,024-square-foot retail building and three pad sites occupied by a Sheraton Hotel, Amcore Bank branch and Pinstripes, an entertainment center featuring fine dining, bowling and bocce ball.


The development is situated on a 12.19-acre site at the intersection of Willow Road and Waukegan Road in Northbrook, 20 miles north of downtown Chicago and close to numerous corporate headquarters including Kraft Foods, Crate and Barrel and Allstate Insurance.

CONTACTS:

Paul Barile, HFF Managing Director, 312 528 3650, pbarile@hfflp.com
Janice Sellis, HFF Director, 312 528 3650, jsellis@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

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