Seneca Leases Lincoln Park Space to Orange Theory Fitness

lincolparkspace

 

Orange Theory, one of the nation’s hottest fitness facilities, has leased 4,000 sf at 2209 N Halsted in Lincoln Park.  Joe Padorr, principal of Seneca Real Estate Group, represented the Landlord in the transaction and Nathan Tonnies of Metro Commercial Real Estate represented the Tenant.

 

“Orange Theory will be a great addition to the area and we were pleased to be able to complete a lease with them,” Padorr said.

For information on Commercial Leasing, contact Joe Padorr atjpadorr@seneca-re.com or call 312-327-2700 x 229.

 

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.

 

To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors

Binny’s Beverage Depot Expands at Hubbard Woods Plaza

 

image (5)

 

Binny’s, the largest liquor store chain in the Chicagoland area, is again expanding at Hubbard Woods Plaza in Glencoe.  “Two years ago we helped Binny’s expand out of their 2,300 sf “Binny’s Express” space to over 10,000 sf in the shopping center,” said Joe Padorr, principal of Seneca Real Estate Group who represented the Landlord in both expansion transactions.  “Given their success in the center, Binny’s is adding on to their existing footprint and has a long term commitment to serving area residents.”

 

Binny’s and Walgreens are the anchor tenants at Hubbard Woods Plaza, a center that also includes, Dunkin Donuts, Subway, C2 Education and soon JC Licht Paint.

 

Kyle Mayberry of CRM Commercial represented the Tenant.

 

For information on Commercial Leasing, contact Joe Padorr at jpadorr@seneca-re.com or call 312-327-2700 x 229.

To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors

Real Estate Advisory Services, Chicago


Stephanie Hedrick, CFO at Seneca Real Estate Group: We do more than lease and sell property for clients, We are advisers from A to Z on their Real Estate Transactions.

 

Stephanie Hedrick describes the very important second part. “We work hard during the due diligence period. We review everything including analyzing the entire scope of the transaction up to and including the condition of the property to confirm the operating income and projected cash flows. We work with all the professionals; lenders, attorneys, title companies helping our clients close their deals. We understand that tenant satisfaction and reducing vacancy cost is the key to maximizing cash flow and asset value. Seneca Real Estate Group.”

 

Thomas Morabito President of Seneca Real Estate Group shares “The second half of what we do for clients is the back office service and the reporting for our clients. Moving from the brokerage side to the back office services is a unique and valuable benefit and edge that Seneca provides and there’s no one more capable of seeing to it that we’re maximizing that asset value than Stephanie and her team.”

 

To reach Stephanie Hedrick please email shedrick@seneca-re.com or call 312/327-2700 x 228.

 

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.

To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors

Five Elements Home Opens on Clybourn in Lincoln Park

Five Elements Home - 2 Five Elements Home - 1

Five Elements Home, a new home furnishings purveyor offering handsome products made with natural materials and the highest quality craftsmanship has opened at 2216 N Clybourn Ave., in Chicago.

“We looked for quite some time to find the ideal location that would showcase the owners’ beautiful product line,” said Joe Padorr, principal of Seneca Real Estate Group who represented the Tenant.

Guided by the philosophy of the Five Elements, or wŭ xíng, collections change in harmony with the dynamic rhythms of nature. Seasons, colors, and temperatures progress throughout the year, as do the collections of Five Elements Home, with colors, patterns and materials reflecting the ever-changing and interconnected balance of nature, or fēng shuǐ.

Ryan Schnell of Conlon Commercial represented the Landlord in this transaction.

To discuss opportunities in Seneca Commercial Leasing, contact Joe Padorr at jpadorr@seneca-re.com or call 312-327-2700×229.

 

To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors

 

 

 

 

 

 

FB/TW/G+/LinkedIn lead in: Commercial Lease for Five Elements Home in Lincoln Park. Details Here…

 

Athletico Signs Lease in Round Lake Beach, Illinois

Commercial Lease Athletico Round Lake Beach il
Athletico Round Lake Beach

Athletico has signed a long term lease on 4,000 sf at 192 Rollins Road in Round Lake Beach, a northwest suburb of Chicago.  “What made this deal unique is that Athletico is taking a former Car-X Auto Service facility,” said Joe Padorr, principal of Seneca Real Estate Group who represented the Landlord in the transaction.  “This repurposing requires a complete renovation of the space to deliver a fully functional, turnkey rehab center,” Padorr said.

The Rollins Road corridor in Round Lake Beach has seen significant retail development over the past year.  Meijer, their first store in Lake County, will be opening this summer.  And other area tenants include Kohls, Home Depot and many national branded retail stores and QSRs.

Athletico has facilities throughout Arizona, Illinois, Indiana, Iowa, Michigan, Missouri, Ohio, South Dakota and Wisconsin, and employs over 4000 clinical and administrative staff, and offers more than 40 specialty rehabilitation, outreach, and fitness services.  Their team of specialists includes physical therapists and occupational therapists, physical therapist assistants, certified athletic trainers, personal trainers, strength and conditioning specialists, and massage therapists.

Athletico, which will open early this fall, was represented in this transaction by Dallas-based Swearingen Realty Group.

To discuss opportunities in Seneca Commercial Leasing, contact Joe Padorr at jpadorr@seneca-re.com or call 312-327-2700 x229.

 To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors

 

 

 

The New Elephant Resale Shop Signs Lease in Reebie Storage Building on Clark

commercial-lease-new elephant-chicago-il-lincoln-park

 

The former White Elephant Resale Shop has signed a new lease for 3,200 sf for its new store called The New Elephant at 2325 N. Clark St. in Chicago’s Lincoln Park.  “Everyone remembers the original White Elephant at the corner of Halsted and Fullerton” said Mirlinda Vula, Broker, Seneca Real Estate Group, who represented the Tenant in this transaction. “Now they will have a new home in the iconic Reebie Storage building on Clark Street.”

 

The New Elephant (as the White Elephant) has been in business for over 90 years. Proceeds from the sale of donated clothes, home furnishings and odds-and-ends benefit a variety of charitable organizations throughout the city.  The New Elephant signed a 5 year lease.

 

To discuss opportunities in Seneca Commercial Leasing, contact Joe Padorr at jpadorr@seneca-re.com or 312-327-2700 x229.

 

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.

To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors

Athletico to Open in Channahon, IL

 

commercial-lease-athletico-channanon-il (1)

 

Physical Therapy provider Athletico has opened in the Channahon Commons Shopping Center at 25520 Pheasant Drive.  The Tenant signed a Lease earlier this year for 3,000 sf and a 7-year term.  “Athletico is a great addition to the center,” said Joe Padorr, Principal of Seneca Real Estate Group, who handled the Leasing for the property’s owner.  “We were able to relocate them from their previous Channahon location” Padorr said, “This new location is larger and provides better visibility and access for their patients.”

 

Athletico was represented by Swearingen Real Estate in Dallas, TX and locally by Echo Commercial Realty.

 

To discuss opportunities in Seneca Commercial Leasing, contact Joe Padorr at jpadorr@seneca-re.com or 312-327-2700 x229.

 

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.

To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors

JC Licht Leases Former 7-11 Space in Hubbard Woods Plaza, Glencoe

commercial-lease-jclicht-glencoe

JC Licht Leases Former 7-11 Space in Hubbard Woods Plaza, Glencoe

Paint and home décor store, JC Licht, has leased 2,400 sf in the shopping center in the Hubbard Woods section of Glencoe, IL.  Joe Padorr, Principal of Seneca Real Estate Group, represented the Landlord in this transaction while Steven Baer of Metro Commercial Real Estate represented the Tenant.  “This was a relo for JC Licht, who has been in the Winnetka area for some time,” said Padorr, “And the better visibility, on-site parking, and excellent co-tenancy is what helped convince the Tenant to come to our center.”  JC Licht signed a 10-year lease on the space.

JC Licht has over 30 stores in the Chicagoland area.

To discuss opportunities in Seneca Commercial Leasing, contact Joe Padorr at jpadorr@seneca-re.com or 312-327-2700 x229.

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.

To Connect with Seneca Real Estate

Website: http://www.seneca-re.com/

Blog: https://senecareblog.wordpress.com/

Facebook: https://www.facebook.com/SenecaRealEstateAdvisors

Twitter: https://twitter.com/senecaregroup

LinkedIn: https://www.linkedin.com/company/seneca-real-estate-advisors