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METRO brings lululemon athletica to Sherman Plaza in Evanston, IL (September 22, 2008)
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FOR IMMEDIATE RELEASE:
METRO brings lululemon athletica to Sherman Plaza in Evanston, IL
Highland Park, IL, September 22, 2008 - Steven Baer of METRO Commercial Real Estate recently represented Sherman Plaza ownership in retail lease negotiations with lululemon athletica. The yoga-inspired athletic apparel company will occupy 2,441 SF within the mixed-use development's 152,000-sf retail base at 1622 N. Sherman Ave in Evanston, IL.
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 a 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: Tall Grass Market Place (Wheeling, IL), Porter's Vale (Valparaiso, IN), Marshfield Marketplace (Calumet Park, IL), Orrington Plaza (Evanston,IL), Winston Plaza (Melrose Park, IL) and Lockport Square (Lockport, IL). To learn more, please visit www.metrocre.com
About lululemon athletica – lululemon athletica (NASDAQ:LULU; TSX:LLL) is a yoga-inspired athletic apparel company that creates components for people to live longer, healthier and more fun lives. By creating products that help keep people active and stress free, lululemon believes that the world will be a better place. Setting the bar in technical fabrics and functional designs, lululemon works with yogis and athletes in local communities for continuous research and product feedback. lululemon athletica was founded in Vancouver, British Columbia in 1998 by Chip Wilson. lululemon athletica is extending into new communities across North America and throughout the world. For more information, visit www.lululemon.com
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. |
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