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Deer Park Town Center

Summary

Acquisition – September 2000
Location – Deer Park, IL
Value-Add Opportunity – Joint Venture Development
Size – 340,955 sq. ft.


Opportunity
  • Excellent physical real estate in prime location with strong visibility
    and accessibility
  • Acquired land at favorable price relative to market values
  • Located in affluent North Chicago suburb with “lifestyle” demographics (population of 182,245 people and average household income
    of approximately $115,000)
  • Joint venture with an operating partner with extensive development experience and successful track record
Value Added
  • Introduced lifestyle/mixed use product type unique to market
  • Capitalized on strong tenant interest and leasing momentum in market
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Coventry Real Estate Advisors, 1 East 52nd Street, 4th Floor, New York, NY 10022 • P (212) 699-4100 • F (212) 699-4124