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| 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.
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| 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.
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| 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.
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| 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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