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Geneva Commons Adds New Retail, Restaurant Leases
Lamar Companies and Real Capital Solutions, alongside the leasing team at Mid-America Asset Management, have signed 45,951 square feet of new retail and restaurant leases at Geneva Commons, a retail center in Geneva, Illinois, increasing occupancy from 88% to 95% in under two years since acquiring the property.
New tenants include Lululemon, Warby Parker, Big Blue Swim School, Club Champion, Vera Bradley and Miniso. The team also signed more than 20 lease renewals, including long-term extensions with Pottery Barn and Williams Sonoma.
Lamar Companies acquired the 440,370-square-foot lifestyle center in April of 2024 from LaSalle Investment Management for $63.75 million, retaining Mid-America Asset Management as the exclusive leasing agent. Built in 2002, Geneva Commons is anchored by Dick’s Sporting Goods, Barnes & Noble, Sephora, Gap and Banana Republic. Lamar has since invested over $2.4 million in capital and common area improvements.
