Lamar Companies Acquires Dominant Open-Air Shopping Center In Western Suburb Of Chicago
Lamar Companies Acquires Dominant Open-Air Shopping Center In Western Suburb Of Chicago
FAIRFIELD, N.J., May 15, 2024 /PRNewswire/ -- Lamar Companies, in conjunction with Real Capital Solutions is pleased to announce the acquisition of Geneva Commons, a 440,370 SF open-air shopping center in Geneva, IL. The property is anchored by Dick's Sporting Goods and Barnes & Noble, with shadow anchors including The Fresh Market, Binny's, DSW, and HomeGoods. Geneva Commons is a premier hybrid open-air center with strong visibility along Randall Road featuring over 32,000 vehicles per day. Within the Property's trade area there are over 246,209 residents earning an impressive AAHI of $155,666 (43% higher than IL average). Geneva Commons features a dynamic mix of existing retail categories: casual & sit-down dining, fitness, beauty, jewelry, furniture, pet, apparel, and service based including Sephora, Athleta, Lovesac, Williams Sonoma, Pottery Barn, Bath and Body Works, J. Crew Factory, and First Watch. The Center can accommodate a range of prospective users and ownership looks forward to enhancing the shopping experience by building upon its best-in-class tenant mix.
新澤西州費爾菲爾德，2024年5月15日 /PRNewswire/ — Lamar Companies與Real Capital Solutions一起欣然宣佈收購位於伊利諾伊州日內瓦的440,370平方英尺的露天購物中心日內瓦下議院。該物業由迪克體育用品和Barnes & Noble主持，影子主播包括生鮮市場、Binny's、DSW和HomeGoods。日內瓦下議院是首屈一指的混合露天中心，蘭德爾路沿線的能見度很高，每天有超過32,000輛汽車。在該物業的貿易區內，有超過246,209名居民的AAHI收入令人印象深刻，爲155,666美元（比伊利諾伊州的平均水平高43％）。日內瓦下議院以現有零售類別的動態組合爲特色：休閒餐飲、健身、美容、珠寶、傢俱、寵物、服裝，以及以絲芙蘭、Athleta、Lovesac、Williams Sonoma、Pottery Barn、Bath and Body Works、J. Crew Factory和First Watch爲基礎的服務。該中心可以容納一系列潛在用戶，所有者希望通過在其一流的租戶組合基礎上增強購物體驗。
"Geneva Commons is well positioned as the most dominant and productive lifestyle center in Chicago's western suburbs. The Property enjoys a unique location and competitive positioning that insulates it from direct competition. We look forward to reinvesting in this premier asset to drive further leasing activity," said Frank Maresca with Lamar Companies. The acquisition builds upon Lamar's recent history of acquiring premier lifestyle centers with value-add potential including Shops at Valley Square in Warrington, PA and Cambridge Crossing in Mount Laurel, NJ.
“日內瓦下議院處於有利地位，是芝加哥西郊最具統治力和生產力的生活中心。該物業擁有獨特的地理位置和競爭地位，使其免受直接競爭。我們期待對這項主要資產進行再投資，以推動進一步的租賃活動。” 拉馬爾公司的弗蘭克·馬雷斯卡說。此次收購建立在拉馬爾最近收購具有增值潛力的頂級生活方式中心的歷史基礎上，包括賓夕法尼亞州沃靈頓的山谷廣場商店和新澤西州勞雷爾山的劍橋十字路口。
Website:
網站：
About Lamar Companies
關於拉馬爾公司
Lamar Companies is a full-service, privately held, real estate investment company headquartered in Fairfield, New Jersey. Since its founding in 1972, the Company has routinely been ranked in the top 100 largest owners of retail shopping centers in the US according to National Real Estate Investors rankings. Lamar primarily focuses on opportunities created by real estate economic cycles and underperforming assets across the United States and is a principal investor in projects for its own account and in partnership with major institutions. Throughout the years the firm has maintained its entrepreneurial roots as a hands-on operating partner with a deep expertise in retail space, and a unique ability to drive value for its investors.
Lamar Companies是一家提供全方位服務的私人控股房地產投資公司，總部位於新澤西州費爾菲爾德。自1972年成立以來，根據全國房地產投資者的排名，該公司經常被評爲美國零售購物中心的100大所有者之列。拉馬爾主要關注美國各地房地產經濟週期和表現不佳的資產所創造的機會，並且是自有項目和與主要機構合作的主要投資者。多年來，該公司一直保持着作爲親身運營合作伙伴的創業根基，在零售領域擁有深厚的專業知識，並具有爲投資者創造價值的獨特能力。
Media Contact:
Frank Maresca
(973)-867-0612
[email protected]
媒體聯繫人：
弗蘭克·馬雷斯卡
(973) -867-0612
[電子郵件保護]
Kyle Hayes
(973)-302-5678
[email protected]
凱爾·海斯
(973) -302-5678
[電子郵件保護]
SOURCE Lamar Companies
來源 Lamar 公司
譯文內容由第三人軟體翻譯。