California-based Retailer Adds to Damen Avenue’s Thriving Contemporary Fashion Tenant Mix
CHICAGO (June 20, 2016) – RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, announced today that it has secured the first standalone location in Chicago for Current/Elliott, a contemporary fashion retailer, at 1723 North Damen Avenue in Bucktown.
RKF Managing Director Steve Schwartz represented the tenant Current/Elliott in the transaction. Janika Brenner of Baum Realty Group represented the landlord, Reel Estate Ventures, LLC.
Located on the east block between West Wabansia Avenue and West Willow Street, Current/Elliott’s new location will occupy 1,697 square feet with highly coveted frontage on Damen Avenue. Lofty ceilings and skylights will help create a warm California-casual vibe. Neighboring retailers in the same building include Journelle, Yellow Korner and Stio while other national brands like Kit & Ace, BCBGMAXAZRIA, Alexis Bittar, Lush, Joe’s Jeans and Club Monaco are in close proximity.
“A standalone location on Damen Avenue allows Current/Elliott to showcase its national brand identity and share co-tenancy with other contemporary, casual-chic apparel and accessory brands,” said Schwartz.”
Founded in 2008, Current/Elliott is a leading brand in contemporary men’s and women’s denim and fashion. Now owned and distributed through Dutch, LLC, the company, along with sister apparel lifestyle brands Joie and Equipment, sells its clothing in upscale contemporary boutiques and national retailers including Bergdorf Goodman, Bloomingdales, Barneys New York, Nordstrom, Revolve and Saks Fifth Avenue. Its first boutique is located on Abbot Kinney Boulevard in Venice, California. The new location is scheduled to open in August 2016.
Currently, RKF is actively looking for a new location for a Joie Boutique in the Gold Coast. Joie, a contemporary women’s fashion and lifestyle brand, operates 13 stores in the U.S. with seven additional locations slated to open soon.
North Damen Avenue in Bucktown is recognized nationally as one of Chicago’s most desirable retail corridors, with a mix of local and national fashion and lifestyle brands and restaurants. The area continues to attract an eclectic mix of young professionals, families and hipsters who favor the upscale-artsy neighborhood offerings. With retail lining both sides of the street, Damen has a high density of pedestrian and vehicular traffic and excellent public transportation.
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.