Monday, May 13, 2013

Paragon Real Estate breaks ground on grocery-anchored retail development in Libertyville, IL


  

                    Typical floor products displayed at Trader Joe's facilities


CHICAGO, IL (May 13, 2013) – Paragon Real Estate, one of the nation’s leading commercial real estate developers, has broken ground on two retail buildings at the southeast corner of Milwaukee Avenue and Artaius Parkway in Libertyville, Ill.

Tom Williams
 Anchor tenant Trader Joe’s is scheduled to move into the entire 12,500-square-foot building under construction at 1600 S. Milwaukee Ave. later this year. Oak Brook, Ill.-based Paragon is also developing an 8,100-square-foot multi-tenant building divisible for up to three retailers at the south end of the 3-acre parcel.

 “We are fortunate to have Trader Joe’s as our anchor tenant. This unique grocery store draws loyal customers from a wide area and is sure to be a popular and convenient stop for the surrounding workforce,” said Tom Williams, managing partner of Paragon Real Estate.

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

Paula Widholm
 (773) 726-7993

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