How TJX’s Success Continues to Defy Traditional Brick-and-Mortar Retail

In this difficult retail environment, TJX Cos. keeps passing competitors while marching to its own beat. The parent of T.J. Maxx, Marshalls and HomeGoods has thrived by buying much of its merchandise—including current season, name-brand products—through closeouts and selling it at discounted prices. The Wall Street Journal // Steven Russolillo // View The Full Article

Wine bar with ‘pour stations’ planned for Water Street District

A new wine bar featuring dozens of varietals and a self-service “pour station” is slated to open in February in the under-construction Water Street District in downtown Naperville. SixtyFour – A Wine Bar also will feature a selection of more than 1,000 different wines to buy. Chicago Tribune: Naperville Sun // Genevieve Bookwalter // View the…

This Week’s Chicago Deal Sheet

Seneca Real Estate’s Joe Padorr repped ownership and Metro Commercial Real Estate’s Nathan Tonnies repped Orangetheory Fitness in its 4,000 SF lease at 2209 North Halsted St in Lincoln Park. BISNOW // Chuck Sudo // View the Full Article

Nathan Tonnies brings Supercuts to Levee District in East Peoria, IL

East Peoria, IL (August 09, 2016) – Metro Commercial Real Estate is pleased to announce the addition of Supercuts to the Levee District at East Peoria Downtown. Nathan Tonnies, Principal of Metro Commercial Real Estate, represented Supercuts in the leasing of a 1,100 square foot space with landlord, Cullinan Properties LTD. Supercuts will be joining…

Larry Kling brings Culver’s To Skokie, Illinois

Skokie, IL (July 21, 2016) – Larry Kling, of Metro Commercial Real Estate, represented the buyer for the purchase of the outlot adjacent to the Jewel building in the Old Orchard market. Culver’s will occupy the roughly one-acre property. The new building will take up just under 5,000 square feet and provide 57 parking spaces. The…

Rally House opens at River Forest Town Center

A Kansas-based chain offering local sports team apparel and gifts has opened at River Forest Town Center. Rally House fills the 7,100-square-foot space at 7235 Lake St. in River Forest, formerly occupied by Tilly’s clothing and accessories store. Alysa Ojeda, senior marketing manager for Rally House, said a soft opening was held July 15, with…

On 35th anniversary, Riverwalk is key to Naperville brand, prosperity

The first two blocks of Naperville’s Riverwalk were built in 1981, a gift for the city’s 150th anniversary. That small idea did what no one could have imagined 35 years ago: It transformed a beleaguered downtown reeling from economic recession and abandoned by customers lured to the Fox Valley Mall into what is now a…

HomeGoods To Join Retailer Line-Up At IRC Retail Center’s Shops At Orchard Place In Skokie, Ill.

IRC Retail Centers (IRC), a leading real estate company that owns and operates high quality, necessity and value-based retail centers in select markets within the Central and Southeastern United States, today announced that it has executed a lease with TJX Companies for a new 24,000-square-foot HomeGoods store at the Shops at Orchard Place in Skokie,…

Robert Melsher receives 2015 CoStar Power Broker Award

Highland Park, IL (June 7, 2016) – Metro Commercial Real Estate is pleased to announce that Principal Robert Melsher has been named a 2015 CoStar Power Broker TM by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces.  This annual industry award recognizes distinguished professionals in commercial real…

Changes underway at Hubbard Woods

Changes are underway at Hubbard Woods Plaza, at the village’s southern edge… …While Domino’s is leaving the Hubbard Woods Plaza, an empty space at the northern edge of the plaza will soon be occupied by a J.C. Licht paint store, which is expected to move into what had been the longtime home of a 7-11,…

This Week’s Chicago Deal Sheet

Seneca Real Estate’s Joe Padorr repped the landlord in the following leases: Metro Commercial Real Estate’s Steven Baer repped JC Licht in its 2,400 SF lease at Hubbard Woods Shopping Center in Glencoe. BISNOW // Chuck Sudo // View the Full Article

Taco Bell Is Going Upscale for Your Next Dinner Date (Seriously)

Seriously. Taco Bell will debut four new store design concepts that aim to create an upscale experience of the traditionally casual fast-food chain. It’s hoping that its new sleek, modern look with trendy lighting and exposed wooden beams can convince diners to make a run for the border instead of going to other fast-casual chains…