Press Release

CBRE Retained as Listing Agent for 38,896 SF Retail Asset in Chicago's Lakeview Neighborhood

13 6月 2018

Chicago – June 13, 2018 – CBRE has been retained by ownership to list a 38,896-square-foot retail property at 3345-3361 North Lincoln Ave. in Chicago.
 
Keely Polczynski of CBRE will represent ownership in the listing.
 
Located on the high-profile corner of Lincoln Avenue and Roscoe Street in Chicago’s Lakeview neighborhood, the property features 18,705 square feet of street level retail space that has 207 feet of frontage on Lincoln. The ground floor has two vacancies, including a 3,183-square-foot corner suite. The top floor is 100 percent leased to Reverb, an on-line provider of musical equipment, and Sola Salon.
 
The site is at the convergence of three dense neighborhoods on Chicago’s North Side – Lakeview, Roscoe Village and North Center. All three markets have historically low vacancy rates and appreciating rents.
 
“This is an amazing opportunity in one of the North Side’s strongest markets,” said CBRE’s Polczynski. “The newly-renovated property has major long-term tenants in place, as well as opportunities for leasing, making it an excellent value-add play.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.