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Multi-Tenant Retail in Glenview Scores Loan
Associated Bank completed a $17,750,000 land acquisition and construction loan to GW Properties for the development of a 62,540-square-foot, four-building shopping center known as Willows Crossing. The multi-tenant center will be located at the southwest corner of Willow and Pfingsten Roads in Glenview, IL.
Currently, signed leases at the center include Mission BBQ, First Watch Café and an undisclosed 35,000-square-foot grocery tenant. Construction will be completed and retailers open for business in the spring of 2021.
This was Associated Bank’s 11th loan to GW Properties. SVP Daniel Barrins of the commercial real estate division of Associated Bank managed the loan and closing.
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