
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
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DEVELOPER: | The New City Group, Inc.
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INVESTOR FUND: | Community Reinvestment Fund 2000 L.P.
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PROJECT OWNER: | Halsted New City Retail, L.L.C.
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GENERAL CONTRACTOR: | Leopardo Companies, Inc.
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ARCHITECT: | Johnson & Lee, Ltd.
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INVESTOR FUND: | Community Reinvestment Fund 2000 L.P.
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PROJECT OWNER: | Halsted New City Retail, L.L.C.
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ADDRESS: | 7918-52 South Halsted Street, Chicago, Illinois
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NEIGHBORHOOD: | Auburn Gresham
Located in Moderate-Income census tract (at time of initial investment)
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NUMBER OF BUILDINGS: | 1
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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.
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MIX OF UNITS: | 18,330 sq. ft. of retail space – 100% Leased
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TOTAL COST: | $2,414,961
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CRF CAPITAL (net to project): | $ 500,890
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For more information please visit: www.newschannelsrealty.com