National Pilates Chain Will Open Its First Illinois Location
In Vibrant Lincoln Park Retail Corridor
CHICAGO (October 24, 2016) – RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, announced today that it has arranged a 1,607-square-foot lease with national fitness studio chain Club Pilates at 2037 North Clybourn Avenue in Lincoln Park. This will be the company’s first location in Illinois.
RKF Managing Director Steve Schwartz and Associate Ross Modjeska represented landlord Bil-Mar Management; Club Pilates was represented by John Maresh of ARCORE Real Estate Group.
Located in one of Chicago’s strongest retail corridors, with seven-day-a-week traffic from residents and visitors, 2037 North Clybourn Avenue offers rare small-shop brand exposure opportunities in a family-oriented neighborhood. Situated at the corner of North Clybourn and North Magnolia Avenues, the 33,026-square-foot shopping center offers abundant surface parking and excellent visibility from the street. Co-tenants in the center include Smashburger, Kriser’s, Mattress Firm, For Eyes, European Wax Center and Batteries Plus Bulbs. RKF continues to market available space in the center for lease from1,300 to 1,600 square feet.
“Clybourn Avenue offers premium brand exposure and street visibility for retailers, and continues to attract high-end brands and services,” said Schwartz. “With so many big box stores, national chain retailers and grocery stores already in place, we were thrilled to secure this gem of a location for Club Pilates. The footprint is perfect for this family-friendly shopping center.”
The heavily trafficked retail corridor has a daytime population of 53,175 within a one-mile radius, and 24,805 households with an average yearly income of $134,764.
Club Pilates currently has 65 locations open across the country, with 22 additional locations already announced. The newest location is scheduled to open in November 2016.
The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $30 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.
RKF is located at 353 North Clark Street, Suite 2050, Chicago IL 60654
T: 312.698.8880. www.rkf.com