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300 W Grand Ave. Baum Realty Secures Four Retail Tenants for River North Building In early 1999, Atlantis Properties, Inc., commissioned Baum Realty Group to lease four retail properties located in the 300 W. Grand building, in Chicago's trendy River North neighborhood. At that time, Atlantis was nearing completion of a build-out of condominium loft units at the former commercial office building. Sales of the residential units were moving well. However, attempts to lease the building's four 1,600-sq. ft. first-floor retail locations were not going as smoothly. The properties had been vacant for months and no prospects were in sight. In February, 1999, Atlantis replaced its former real estate broker and brought in Baum Realty Group. The mission was to find tenants quickly and to find tenants that meshed well with the upscale River North community. By October, 1999, Baum Realty had successfully leased all four of the spaces. Just as importantly, each of the tenants Baum Realty brought in complemented neighborhood needs perfectly. Tenants are: Easthetics, a high-end Indonesian furniture retailer; No Place Like, a high-end contemporary urban furnishings retailer; Urban Computer, a hardware/software retailer; and Rizzata's Pizza. "We couldn't be happier," said Robert Gunn, of Atlantis Properties. "Baum Realty really came through for us. They not only filled the spaces in a timely manner, but they brought in tenants that fit the community perfectly." |
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1030 W. Chicago Avenue :: Suite 200 :: Chicago, IL :: 60642 :: P: 312.666.3000 :: F: 312.666.7970 :: info@baumrealty.com |
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