MACK Buys Tinley Park Commercial Props.

CHICAGO—Since it was founded in 1997, the core business of MACK Companies has been the development of residential properties, but the firm has decided to branch out and expand into the commercial market by buying two shopping centers and an office building in its suburban hometown of Tinley Park. MACK will provide property management for all three buildings, which were in foreclosure when it picked them up in September.

“For the past 16 years, MACK’s focus has been on raising the quality of life for residents in key Chicagoland communities, like Tinley Park, by delivering quality redeveloped housing,” says Eric Workman, vice president of sales and marketing at MACK. “Entering the commercial market by delivering prime retail and office space in these communities is a natural extension of what we do best.”