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Nearly 100 Percent Retail Occupancy at Sherman Plaza in Evanston, IL (March 13, 2008)
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FOR IMMEDIATE RELEASE:
Nearly 100 Percent Retail Occupancy at Sherman Plaza in Evanston, IL
Highland Park, IL, Mar 13, 2008 - Steven Baer of METRO Commercial Real Estate recently represented building ownership in five separate lease negotiations that will bring the 152,000-sf retail component of Evanston's Sherman Plaza to 99 percent leased. Current tenants Barnes & Noble Booksellers, Ann Taylor Loft, Elizabeth Arden Red Door Spa, Pier 1 Imports, Washington Mutual and LA Fitness will now be joined by:
- North Face - 5,062 SF
- Untitled - 4,300 SF
- Kaplan Education Center - 3,350 SF
- Hot Mama - 2,460 SF
- Red Mango - 670 SF
To date, only one 1,157-sf space remains available at Sherman Plaza. For leasing information, please contact Steven Baer at METRO Commercial Real Estate - 847.412.9898
About Sherman Plaza
Upon completion, Evanston's Sherman Plaza will be the largest mixed-use development in any suburban Chicago downtown. A joint venture between Focus Development Inc. and Klutznick-Fisher Development Co., the 25-story, $170 million project boasts 23 floors of luxury residential space in addition to its 152,000-sf, 2-story retail base. Located 12 miles from the Loop and just one-half block from the Metra and CTA, Sherman Plaza is bounded by Church and Davis Streets and Sherman and Benson Avenues in downtown Evanston, IL.
To learn more, please visit www.sherman-plaza.com
About METRO Commercial Real Estate
METRO Commercial Real Estate (METRO) specializes in recognizing value-added retail opportunities for developers, investors and tenants. By partnering with our clients to understand their business objectives, we customize solutions that optimize the value of their real estate assets. Our retail client base ranges from the small gourmet sandwich shop to a national electronics retail giant. As one of the industry’s leaders in product leasing and tenant representation, METRO has secured more than ten million square feet for such regional and national retailers as Staples, Best Buy, Pier 1, Starbucks, Marshall’s, T.J. Maxx, A.J. Wright, Homegoods, Hollywood Video, T-Mobile, Sam’s Wine & Liquors, Papa Murphy’s Pizza, and Pearle Vision. METRO’s representation of top national developers has included Ryan Companies, ORIX Real Estate Equities, Bradford Real Estate Service Corp., Klutznick-Fisher Development, Visconsi Companies, Simon Property Group, US Equities Realty, Continental Properties, V-Land Corporation, IBT Group, and Bond Companies. METRO’s current projects include: Brookside Marketplace in Tinley Park, Sherman Plaza in Evanston, Valparaiso Walk and Lockport Square in Lockport.
To learn more, please visit www.metrocre.com
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