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Chicago & Midwest  + Greater Chicagoland  + Retail  | 

Lee Illinois Brokers Pair of Retail Transactions

Lee & Associates has closed a pair of retail transactions in the Chicago suburbs. First, Rick Scardino, principal at Lee & Associates of Illinois, represented the seller, Prairie Point Center Development, LLC c/o Conor Commercial, in the $1-million sale of 1.681-acre lot located at 59/90 Gateway, Route 59 & Hoffman Boulevard, in Hoffman Estates, IL.

Dave Chopp of DRC Realty represented the buyer, Belle Tire Distributors. “This is the first of a number of new projects coming to this quadrant,” said Scardino.

Scardino also negotiated a 2,070-square-foot lease of retail space located at 34500 N US Hwy 45, Unit O, in Third Lake, IL, in which he represented the landlord, Craig Steven c/o Management Marketing Services.

Mike Quirini of Keller Williams North Shore West represented the tenant, Quest Performance Training, a fitness training gym for all fitness levels. “This lease will bring this wonderful neighborhood to 96% leased,” said Scardino.


Inside The Story

Lee Illinois' Scardino

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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