Baum Realty Group Raises the “Barre” In Bucktown
Monday, 02 February 2009 18:00
The Dailey Method to Open First Chicago Location on Damen Avenue
Baum Realty Group (BRG) is pleased to announce that The Dailey Method, a unique fitness training program that uses the ballet barre to help achieve optimal conditioning, has chosen to open its first Chicago location in the heart of Bucktown’s retail district. The site, located at 1714 North Damen Avenue, will feature two exercise studios, a fully-staffed kids room, a locker and shower room with a variety of amenities, as well as a retail section. The studio is scheduled to open in the Spring of 2009 and will occupy 4,285 sf. Anthony Campagni of Baum Realty Group represented the landlord in this transaction.
“Even during a time of tumultuous economic conditions, Bucktown, and this property in particular, has attracted a remarkable array of high-end retailers given its ideal location,” says Campagni. The Dailey Method joins Marc by Marc Jacobs, BCBG and Pagoda Red among others as part of the 1714 North Damen Avenue collection.
The Dailey Method concept originated in California’s Bay Area and combines ballet barre work, core conditioning and stretching to tone and strengthen the entire body. Tami and Brett Conway will own the Chicago studio in partnership with The Dailey Method and bring a wealth of fitness and dance training to the table. Tami has 15 years of dance and fitness experience, including performing with the Chicago Bulls Dance Team and Brett’s training as a former NFL player adds an athletic focus to the fitness regime. The tenant was represented by Danny Jacobson of CB Richard Ellis in this transaction.
Additional transactions for Baum Realty Group include:
Baum Realty Group continues to expand the Chicagoland presence of Starfruit, the city’s supplier of super smoothies known for “good health, good vibes and good desserts.” The new location, taking 692 sf in Block 37’s pedway, will offer a healthy snack alternative to commuters and tourists alike. This will be the third Starfruit store to open in Chicago, following their initial site in Bucktown and their second location in Lincoln Park. Allen Joffe and Anthony Campagni of Baum Realty Group represented the tenant in this transaction.
Over the past two years, Jimmy John’s Gourmet Sandwiches has partnered with Baum Realty Group to pursue their expansion plan into Chicago’s suburbs and we are pleased to announce another store will be opening at 75th Street and Route 83 in Willowbrook. The latest location will occupy 1,930 sf and is scheduled to open in the summer of 2009. Jimmy John’s has completed 17 transactions with BRG since 2007 and they are looking to open at least 25 suburban sites in the coming year alone. Jimmy John’s is experiencing considerable growth nationwide as they search for 500 new sites in 2009 in addition to their already 800+ locations. Allen Joffe of BRG represented the tenant in this most recent transaction.
The Cellular Connection, a retailer of cellular phones and accessories, will open a new location in Bradley, Illinois occupying 2,145 sf in Bradley Commons on Route 50 and St. George Road. The anticipated opening is scheduled for spring 2009. The company, founded in 1991, is a division of Moorehead Communications and today operates with more than 150 stores throughout seven states. Anthony Campagni and Allen Joffe of BRG represented the tenant in this transaction.
The Shops at Flint Creek in Barrington, Illinois will soon add Coldwell Banker Real Estate to the list of retailers in this newly constructed shopping center in the heart of downtown Barrington. Coldwell Banker will occupy 4,820 sf and join other tenants including Staples, Bank of America, Athletico and the Tropical Smoothie Cafe. The real estate offices are scheduled to open in the summer of 2009. Doug Renner, Steve Schwartz and Tim Driver of BRG represented the tenant in this transaction.
