Verizon Wireless authorized dealer, Wireless Stores, Inc., has signed two 5-year leases in two northern Illinois cities; Streator and Ottawa.
Sacramento-based Wireless Stores now has 17 locations in Illinois with several other leases under negotiation throughout the Chicago metro area. “Verizon is in a strong growth mode,” said Joe Padorr, principal of Seneca Real Estate Group who reps Wireless Stores, Inc. “We’re aggressively filling holes in the Verizon distribution network and expect to complete 12-18 more deals this year.”
These stores are each roughly 2,000 sf and are “larger than Verizon typically takes but based on location and co-tenancy they represented a great opportunity for our client,” Padorr said.
The Streator location is in the Kroger Center on Bloomington Street and the Ottawa store is on Stevenson Road in a retail center adjacent to Walmart.
About Seneca Real Estate
Seneca Real Estate Group is a real estate advisory company that provides leasing, brokerage and development 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, Thomas Morabito and Joe Padorr, allows Seneca Real Estate Group to maximize both the intrinsic and actual value of all the properties they touch.
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