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Chicago & Midwest  + Greater Chicagoland  + Retail  |  April 16, 2018
Paul Bubny
By: Paul Bubny

NKF Tapped for Sale or BTS of Former Outlet Center Site

NKF is the exclusive broker to sell or build-to-suit lease 68.3 acres on the site of the former Huntley Factory Outlet Center in Huntley, IL. An NKF team of Adam Marshall, James Schutter, Mary Deady and Luke Sementa was hired by the site’s ownership, including Craig Realty Group, The Capital Companies, LLC and The Prime Group.

“This is a unique opportunity for qualified investors to acquire nearly 70 acres in a highly-visible location that offers 2,000 feet of I-90 frontage,” said Marshall. “Right now, the property is zoned for mixed-use commercial development but could potentially go through the village to be changed for office, research, and light industrial use as well.”

Demolition of the existing outlet center is slated for completion this spring. The Village of Huntley is one of Chicago’s fastest-growing communities, with more than 900 new units permitted in the last five years.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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 GlobeSt.com 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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