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| Renaissance Place, North Shore Neighborhood, Highland Park, IL |
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| Amy Sands |
CHICAGO, IL, June 20, 2016
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been engaged
to market and sell Renaissance Place,
a mixed-use retail, office and multi-housing property in Chicago’s North Shore
community of Highland Park, Illinois.
Renaissance Place was
completed in 2000 and consists of 82,604 square feet of in-line retail and
54,534 square feet of office space that is collectively 90 percent leased.
The property also includes
30 luxury one- and two-bedroom multi-housing units in 36,660 square feet that
are 96 percent leased. In addition,
there is a 48,000-square-foot repositioning opportunity for the two-level space
previously occupied by Saks Fifth Avenue, bringing the total square footage of
the property to 221,789 square feet.
Located at 1849 Green Bay
Road, Renaissance Place encompasses an entire city block of downtown Highland
Park, one of the most affluent communities in the U.S with annual household
income in a three-mile radius of the property averaging $153,481. The mixed-use property is .3 miles from the
Highland Park Metra station and is walking distance from more than 18,000 households.
The HFF investment sales
team representing the seller is being led by directors Amy Sands and Clinton
Mitchell as well as senior managing directors Jaime Fink and Jeffrey Bramson.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Marketing
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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