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CBRE Markets Redevelopment Opportunity in Deerfield
CBRE is bringing to market a 37.5-acre mixed-use redevelopment opportunity in Deerfield, IL. Tony Gange, Matt Ishikawa, Brain Buckingham and Tom Svoboda have been retained to market the opportunity.
The site at 1411-1435 Lake Cook Rd. represents a rare infill mixed-use redevelopment opportunity in a high barrier-to-entry submarket. Currently, the property contains 575,000 square feet of midrise, Class B offices across five buildings as well as surface parking.
“Infill redevelopment at this scale in the North Shore does not come around often and the wide scope of viable future uses at this site will attract interest from an array of developers and investors,” said Svoboda. “This blank canvas property has the market fundamentals to bring an exciting large-scale vision to life.”
The property is highly visible and accessible along the major Lake Cook Road thoroughfare, and is less than one mile east of two major Interstates, I-94 and I-294.
- ◦Sale/Acquisition
- ◦Development
