CHICAGO—Big box retailers have shuttered a score of locationsacross the nation in recent years, with many more to come, and oneof the big challenges facing property owners these days is figuringout how to respond. Skokie, IL-based Next Realty,LLC has found perfect solutions for several locations,including a just-completed lease with Advocate HealthCare that will convert the space at 3154 N. Clark St.,formerly occupied by The Sports Authority, into anew medical office center serving Chicago's Lakeviewneighborhood.
Advocate, a provider quite familiar to most local residents, nowhas a long-term lease for the entire property, which includes40,400 square feet of ground floor space, 10,100 square feet ofbasement space and a two-story parking facility for 115vehicles.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
