79TH & HALSTED SHOPPING CENTER

New-construction, 18,330-sq. ft., grocery-anchored, multi-tenant strip shopping center near intersection of two major commercial streets

PROJECT TYPE:

Commercial Property

DEVELOPER:

The New City Group, Inc.

INVESTOR FUND:

Community Reinvestment Fund 2000 L.P.

PROJECT OWNER:

Halsted New City Retail, L.L.C.

GENERAL CONTRACTOR:

Leopardo Companies, Inc.

ARCHITECT:

Johnson & Lee, Ltd.

INVESTOR FUND:

Community Reinvestment Fund 2000 L.P.

PROJECT OWNER:

Halsted New City Retail, L.L.C.

ADDRESS:

7918-52 South Halsted Street, Chicago, Illinois

NEIGHBORHOOD:

Auburn Gresham
Located in Moderate-Income census tract (at time of initial investment)

NUMBER OF BUILDINGS:

1

TENANTS:

Save A Lot Food Stores 13,830 sq. ft.
Sharks 2,750 sq. ft.
Nationwide Mutual Insurance Co. 1,000 sq. ft.
HoHo’s Chop Suey 750 sq. ft.

MIX OF UNITS:

18,330 sq. ft. of retail space – 100% Leased

TOTAL COST:

$2,414,961

CRF CAPITAL
(net to project):

$ 500,890

For more information please visit: www.newschannelsrealty.com