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Burlington Leases 70,000 SF at Retail Center

ELGIN, IL-The retailer signed a 10-year lease for space at the renovated Otter Creek Shopping Center, in a deal more than two years in the making.

By Cari Brokamp | Updated on December 04, 2008

ELGIN, IL-Burlington Coat Factory has leased 70,000 square feet at the Otter Creek Shopping Center, in a deal more than two years in the making. The 10-year lease allows the retailer to become an anchor in a redeveloped Dominick’s grocery store.

The deal was facilitated with the help of Edgemark Commercial Real Estate Services LLC’s Matt Smetana, who represented property owner Stelios Aktipis. Brad Gershman with Gershman, Brown, Crowley Inc. represented Burlington Coat Factory in the lease.

Burlington will open in March 2009 at the center at Randall Road and Lake Street. “They like the area’s demographics,” Smetana tells GlobeSt.com, of Burlington’s decision to take up space in the center. “It has a strong Hispanic population, which was part of what they were looking for.”

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