Search
 

Target Plans Anchor for Wilson Yard Project

CHICAGO-The retailer purchased retail and parking space in the $150-million, mixed-use Uptown Chicago redevelopment, and will open in fall of 2010.

By Cari Brokamp | Updated on November 03, 2008

CHICAGO-Target has purchased 160,000 sf of retail and parking space in the $150-million Wilson Yard redevelopment in Uptown. The store, along with 20,000 sf of rental retail that remains available in the development, will open in fall 2010. Target’s space will include a 130,000-sf store, according to Richard Spinell, principal of Oakbrook Terrace-based Mid-America Asset Management Inc.

Spinell and Mid-America principal Paul Bryant represented project developer Holsten Real Estate Development Corp., based in Chicago, in the sale, while Adrian Brown, with Indianapolis-based Gershman Brown Crowley Inc., represented Target in the acquisition. The land price was not released.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.