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CHICAGO—Walgreens is set to open the nation’s first “net zero energy” store in Evanston, and Erik Kunz and Chris Leggee, vice president and assistant vice president of the Chicago office of NorthMarq, say the store’s unique nature helped them secure $2.5 million in financing for the redevelopment of Southpoint Plaza, an Evanston retail center where the new Walgreens is scheduled to open in late November.

Construction began in March 2013. NorthMarq’s financing provides for a ground lease at Southpoint Plaza, which will bring improvements to other buildings and common areas such as the parking lot. Southpoint, located at 635 Chicago Avenue, has eight other tenants, six of which have been at the property for more than 20 years.

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