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Chicago & Midwest  + Midwest  + Retail  |  August 25, 2026
Jasmine Kilman
By: Jasmine Kilman

Associated Bank Finalizes Loan for Twelve-Acre Retail Project in OH

Associated Bank announced the completion of a $9 million loan to GTZ Properties for development of Trailhead Crossing, a multi-building retail project at 1135-1131 US-36 in Delaware, Ohio, a suburb of Columbus.

The twelve-acre project will consist of three freestanding buildings occupied by Chik-Fil-A, Chipotle Mexican Grill and Take 5 Oil Change; a second three-tenant strip will be occupied by Dunkin Donuts, Nothing Bundt Cakes and Pacific Dental Services. Of two pad-ready sites, one is already pending sale to a national daycare company. A later phase of the development will be anchored by a big-box national retailer.

GTZ Properties is a Highland Park, Illinois, based full-service commercial real estate development and investment company specializing in retail-related properties nationwide that is headed by Mitch Goltz and Jeremy Forman. Daniel Barrins, a senior vice president with Associated Bank’s Commercial Real Estate division in Chicago, managed the loan arrangements and closing. This is Associated Bank’s 18th loan to GTZ Properties principal Mitch Goltz.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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