
Retail Center Trades in North and Clybourn Corridor
HFF has arranged the sale of Clybourn Galleria, a 24,601-square-foot, fully leased, urban retail center in the North Side’s Lincoln Park neighborhood. An HFF team of Amy Sands and Clinton Mitchell marketed the property on behalf of the seller, Newport Capital Partners. Deal terms were not disclosed.
Westwood Financial purchased the asset. Additionally, the HFF team brokered the sale of this property to Newport in 2013.
Situated in the heart of the North and Clybourn corridor, the dominant retail market serving Chicago’s North Side, the property is surrounded by the affluent neighborhoods of Old Town, Gold Coast, Lakeview and Bucktown/Wicker Park. Completed in 2005, Clybourn Galleria is fully leased to an e-commerce-proof tenant lineup including Natuzzi Italla Furniture, Jos. A Bank, SWEAT, Massage Envy, Amazing Lash, Smartchoice MRI and Red Wing Shoes.
For comments, questions or concerns, please contact Paul Bubny