In This Issue:
Baum hires new Investment Sales team
Baum Realty Group is pleased to introduce Andrew Watson and Jordan Shtulman. The two will assist clients with the disposition and acquisition of commercial real estate and will head up the Investment Sales efforts.
Both Watson and Shtulman came to Baum Realty Group from the Inland Real Estate Group of Companies, where they both started in 2001 as an investment sales and tenant brokers. Past and present clients include Wal-Mart, 7-Eleven, Wendy’s Corp., Inland Acquisitions, Inland Midwest Equities, Weiss Development, UP Development and Chase Bank.
Contact information:
Andrew Watson 312.275.3139; andrew@baumrealty.com
Jordan Shtulman 312.275.3116; jordan@baumrealty.com
Second BRG location opens in Indianapolis
Baum Realty Group recently opened a second office in Indianapolis, Indiana. The Indianapolis office helps Baum better serve clients looking to expand into the neighboring state. The office is headed by broker Carol Lockhart. Carol provides Tenant Representation for clients such as FedEx Kinko’s, Bo-Rics, Beef O’Brady’s, Trade Secret, Johnny Rockets, Kay Jeweler and Primrose Schools Franchising Corporation.
For more information contact: Carol Lockhart; 317.682.4001
Baum continues adding big names to Bucktown
The profile of Bucktown/Wicker Park in Vanity Fair’s June 2007 issue highlights what most Chicagoans already know: the neighborhood is the hottest shopping corridor between the coasts. Baum broker Janika Brenner is to thank as she has made a tremendous impact on the Bucktown/Wicker Park community by bringing high-end fashion boutiques and retailers to the area. Most recently, Brenner has completed deals involving big names like Marc Jacobs and Scoop NYC, increasing her influence on the community. By the end of the year, Brenner will have added Marc by Marc Jacobs, BCBG, Levi’s and Nanette Lepore to the shopping district.
In the past three years, Baum Realty Group has represented more than 20 prominent tenants and landlords in the Bucktown/Wicker Park neighborhood including Scoop NYC, Chipotle, Raizy, Washington Mutual, Clothes Minded, Starbuck’s, National City Bank, Preferred Development, American Apparel, G-Star Denim, Urban Outfitters, Lenscrafters Optique and more.
Look for more big announcements from Baum regarding Bucktown/Wicker Park in the near future! If you need any additional information on Bucktown, contact Janika Brenner; 312.275.3119
Featured Tenant
Panera Bread
Panera Bread is represented by Baum broker Bill Selonick. Since 1995, when Bill began working with Panera, he has helped site 75 Panera Bread locations in Chicago and northwest Indiana. Chicago now is the most productive market nationally for Panera in terms of sales. Furthermore, in 12 years, only one Panera has closed reflecting the restaurant's broad appeal as well as the skill of its development team.
Formerly the Saint Louis Bread Company, Panera Bread’s stock has grown thirteen-fold and over $1 billion in shareholder value has been created since 1999. Panera Bread has been recognized as one of Business Week's “100 Hot Growth Companies.” Today, there are more than 1020 Panera Bread bakery-cafes in 38 states.
For more information contact Bill Selonick; 312.275.3140
Featured Property
Fountain View at 4745 N. Lincoln - Chicago, IL
This 7,885 square foot mixed use space is located on Lincoln Avenue and Giddings Plaza at a new building to be called Fountain View. Ground floor space is available for lease, scheduled to be delivered in the summer of 2008 when this new building, featuring 18 new condominiums, will open. Fountain View is located among a number of different retailers in the bustling Lincoln Square neighborhood. The community boasts more than 68,000 residents within a one mile radius and more than a half a million within three miles.
For more information contact Allen Joffe; 312.275.3120 or Doug Renner; 312.275.3137
Recently Completed Transactions
Transactions completed on behalf of Landlords:
- 5001 Oakton - Skokie, IL - Dr. McWinnie
- 909 W. Washington - Chicago, IL - UPS
- Southpoint Shopping Center - Arlington Heights, IL - Hair Salon
- 1714 N. Damen - Chicago, IL - BCBG
- 1552 N. Milwaukee - Chicago, IL - Levi's
- 11 S. LaSalle - Chicago, IL - T- Mobile
- 2472 W. Foster - Chicago, IL - Coffee Shop
- Lakeview Square - Naperville, IL - Advanced Physicans
- 920 W. Belmont - Chicago, IL - Jamba Juice
- Batavia Commons - Batavia, IL - Panda Express
- SEC 79th and Harlem Ave. - Burbank, IL - Sports Clips
Transactions completed on behalf of Tenants:
- Beef O'Bradys - Beacon Hill - Crown Pointe, IN
- Caribou - Routes 59 & 72 - Poplar Creek, IL
- Clix - Bedford, NH
- Clix - Roseville, CA
- Clix - Richmond, VA
- Dinner by Design - Clifton Park, NY
- Dinner by Design - Orland Park, IL
- Dinner by Design - Schereville, IN
- Dinner by Design - Powell, OH
- Dinner by Design - Wauwatosa, WI
- Elephant Bar - Golf Mill Shopping Center - Niles, IL
- Hilti - 4311 N. Milwaukee - Chicago, IL
- Holy Smoque - 3800 N. Pulaski - Chicago, IL
- Jared - 1700 Woodfield Rd. - Schaumburg, IL
- Kay Jewelers - Town Square Wheaton - Wheaton, IL
- Kay Jewelers - The Shops at Fox River Grove - McHenry, IL
- Kriser's - State Place 2 - Chicago, IL
- Lenscrafters Optique - 1538 N. Milwaukee - Chicago, IL
- Morton's the Steakhouse - I88 & Freedom Blvd. - Naperville, IL
- Nanette Lepore - 1623 N. Damen Ave - Chicago, IL
- Panera - Southgate Marketplace - Southgate, IL
- Panera - Village Market Place - LaGrange Park, IL
- Panera - Rt. 22 & Waukeegan Rd. - Bannockburn, IL
- Pompei - Center of the North Shore - Chicago, IL
- Primrose Schools - Anison, I-65 & 334 - Zionsville, IN
- Primrose Schools - SR 37 & Fairview Rd. - Greenwood, IN
- Primrose Schools - SR 73 & Greenfield Rd. - Noblesville, IL
- Salsaria Loco - Sears Tower - Chicago, IL
- She Skin - 1024 W. Armitage - Chicago, IL
- Starbucks - Gateway & Chrysler - Belveidere, IL
- Starbucks - North & York - Elmhurst, IL
- Subway - Elston Plaza - Chicago, IL
- Taco Fresco - Freedom Commons - Naperville, IL
- Taco Fresco - Highlands of Butterfield - Lombard, IL
- WAMU - 69th & Pulaski - Chicago, IL
In The News
- Adam Secher authored an article on current Chicago commercial real estate trends for Illinois Real Estate Journal’s May 2007 issue.
- Baum’s much anticipated Loop Report was the feature in a Crain’s Chicago Business article in late April with commentary from Allen Joffe.
Read the Article >> - Heartland Real Estate Journal featured an article written by Baum brokers Anthony Campagni and Jason Bergard on its May 2007 cover. Read “The Reinvention of State Street” and check out the accompanying map the two created to illustrate the evolving downtown area.
Read the Article >> - The announcement that Tesla Motors – a high-end electric car maker – would be coming to Chicago represented by Phil Baugh of Baum Realty Group appeared in a story for Crain’s Chicago Business.
Read the Article >>
