Seneca Arranges Lease of 17,000 SF Banquet Facility In Glenview, Illinois

Retail lease suburbs Glenview

 

GLENVIEW, ILL.  — Seneca Real Estate Group has arranged the lease of a two-story banquet facility in Glenview, a northwestern Chicago suburb. United Investors Inc. leased the 17,000-square-foot facility for five years to In Paris Inc. The property is located at 3315 N. Milwaukee Ave. The building was originally designed to resemble a scaled-down version of the old Chicago Stadium (an indoor arena that at one time was the home of the Chicago Blackhawks and Chicago Bulls before closing in 1994). The property consists of a multi-level ballroom with majestic ceilings, lighting and a 4,000-square-foot commercial kitchen. The banquet hall accommodates 700 guests and includes a 160-car parking lot.  After some internal design work, In Paris will continue to operate the property as a banquet facility hosting weddings, parties and corporate events.  Joe Padorr of Seneca represented the landlord in the transaction.

Seneca Real Estate Group brings TACO BELL to Loyola Sub-Market

Retail lease chicago Taco Bell logo

 

Chicago (August 18, 2015)Seneca Real Estate Group’s principal and director of marketing and leasing, Joe Padorr, represented a Taco Bell franchisee tenant in the 10-year lease of a 1,413-square-foot space at The Morgan at Loyola Station, 6460 N. Sheridan, at Sheridan Road and Arthur Avenue, in Chicago’s Rogers Park neighborhood. Allan Perales, McCaffery Interests, represented the property.

“The Loyola area sub-market was a strong focus for Taco Bell because restaurants do particularly well among the college-aged, late-night crowd,” said Padorr. “And of course this will give Loyola’s dynamic community even more dining options,” he added.

Seneca Real Estate Group is a real estate advisory and management company that provides leasing, brokerage and asset management services to mid-market residential, condominium and commercial (office, industrial and retail) properties in and around Chicago. A roll-up-your-sleeves, hands-on approach of a mid-sized firm coupled with the big business expertise of the company’s founders, Tom Morabito and Joe Padorr, allows Seneca Real Estate Group to maximize both the intrinsic and actual value of all the properties they touch.

Seneca Continues Leasing Activity In Southport Corridor

Property Lease southport chicago il

Chicago (July 22, 2015)Seneca Real Estate‘s principal and director of marketing and leasing, Joe Padorr, represented Chicago-based landlord Harris Properties in the 10-year lease of it’s 2,300-square-foot property at 3357 N. Southport.

Construction of this single-story retail building, which features scissor trusses to allow for high ceilings and skylights, was completed in late 2014. The tenant, Chicago Health Medical Group was represented by Patrick Owens, Transwestern.

Padorr also represented landlord Harris Properties in the lease of 910 square feet to Fleet Feet at 3359 N. Southport in 2014. Joe Sauer, Sierra USS, represented the tenant. In 2013, Padorr represented landlord Derrig Properties in the leasing of 10,000 square feet to Gap at 3416 N. Southport, 4,000 square feet to Athleta, 3,000 square feet to Noodles and Co., and 8,000 square feet to Southport Fitness at 3415 N. Southport.

“Retail in Southport’s epicenter – between Roscoe and Addison – has seen robust growth over the last three years due to the sub-market’s strong income demographics of its upwardly mobile singles and young families that live in the Lakeview neighborhood,” noted Padorr.  “We were among the first to ink national tenant deals on the street following the recession and momentum has been a key component to the area’s continued retail growth.”

Seneca Real Estate Group is a real estate advisory and management company that provides leasing, brokerage and asset management services to mid-market residential, condominium and commercial (office, industrial and retail) properties in and around Chicago. A roll-up-your-sleeves, hands-on approach of a mid-sized firm coupled with the big business expertise of the company’s founders, Tom Morabito and Joe Padorr, allows Seneca Real Estate Group to maximize both the intrinsic and actual value of all the properties they touch.