Whole Foods

Cushman & Wakefield Represents Klaff Realty in Acquisition of South Loop Shopping Center

CHICAGO, August 3, 2016 – Cushman & Wakefield today announced that Klaff Realty, LP, a privately owned real estate investment company, has acquired a 26,380 square foot shopping center at 542-566 West Roosevelt Road in Chicago’s South Loop neighborhood for $6.15 million. The fully leased property is located in the heart of the emerging South Loop retail corridor, blocks from the University of Illinois-Chicago and near a host of national retailers such as Target; Whole Foods; Walgreens; Nordstrom Rack; Bed, Bath & Beyond; Dick’s Sporting Goods; and more. Klaff Realty was represented by Cushman & Wakefield Director Nicholas Kanich and Senior Directors Evan Halkias and Michael Marks in the transaction. Specializing in the acquisition, redevelopment and management of distressed and undervalued retail assets throughout the United States and Latin America, Klaff has been involved in the value creation of the real estate of several of the nation’s largest retailers. The [...]