 |
| (photo credit: ©2017 balloggphoto.com) Renaissance Place, 1849 Green Bay Road, Highland Park, IL |
CHICAGO, IL, March 1, 2017
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the
sale of Renaissance Place, a
mixed-use retail, office and multi-housing property in Chicago’s North Shore
community of Highland Park, Illinois.
HFF marketed the property
on behalf of the seller, Metzler Real Estate.
Tabani Group purchased the asset.
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| Amy Sands |
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. The
property also includes 30 luxury one- and two-bedroom multi-housing units in
36,660 square feet. In addition, there
is a 48,000-square-foot two-level space previously occupied by Saks Fifth
Avenue, bringing the total square footage of the property to 221,789 square
feet.
 |
| Jaime Fink |
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 was led by directors Amy Sands and Clinton
Mitchell as well as senior managing directors Jaime Fink and Jeffrey
Bramson.
Metzler Real Estate
provides independent advice and tailored investment services to private and
institutional clients investing in key North American real estate markets.
Metzler envisions and executes customized
investment strategies to realize our clients’ specific investment
objectives. The company’s clients
benefit from its clear focus on their unique goals, its active and disciplined
approach to investment and its track record of stability and proven
performance. http://www.metzlerna.com
Tabani Group is a
full-service commercial real estate company operating across the United
States. Based in Dallas, Texas, the
company’s expertise is built upon its reputation for creativity, judgement,
timeliness and integrity. Questions can
be directed to Media@TheRenaissancePlace.com
.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Director, Public Relations
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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