cushman & wakefield midwest retail investment …...side, george is a licensed broker in the...

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COMPLETED TRANSACTIONS Marks/Halkias Team Transactions 2014-2020 MIDWEST RETAIL INVESTMENT ADVISORS Cushman & Wakefield Retail Investment Advisors CUSHMAN & WAKEFIELD Chicago Team

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Page 1: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

COMPLETED TRANSACTIONS Marks/Halkias Team

Transactions 2014-2020

MIDWEST RETAIL INVESTMENT ADVISORS

Cushman & Wakefield Retail Investment Advisors

CUSHMAN & WAKEFIELD

Chicago Team

Page 2: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

TEAM OVERVIEW

Cushman & Wakefield’s Chicago office

is home to the leading Midwest retail

investment sales team led by Michael

Marks and Evan Halkias. The Chicago

Team specializes in the disposition of

retail properties throughout the Midwest

for large institutions, private investors,

and lenders.

The Team’s mission is to fully understand

their clients’ objectives and partner with

them to achieve their real estate goals.

The Team’s core values of integrity,

respect, service, and excellence serve as

daily guides.

The Team is dedicated to providing best-

in-class services to its clients and strives for

excellence in each stage of a transaction

as it relates to underwriting, packaging,

marketing, execution and closing. The

Chicago Team is supported by several

highly experienced financial analysts and

marketing specialists.

MICHAEL MARKSManaging Director

[email protected] 470 2317

EVAN HALKIAS Managing Director

[email protected] 470 2318

GEORGE GHATTASSenior Director

[email protected] 424 8075

DAVID MATHEIS Associate Director

[email protected] 470 2347

Retail Investment AdvisorsMarks/Halkias Team

KELSEY JACOBSENSenior Marketing Specialist

[email protected] 470 3816

KELLIE MAHERSenior Administrative Assistant

[email protected] 470 2316

SAM O’DONNELLFinancial Analyst

[email protected] 424 8006

$4.1 BillionIn Retail Investment

Sale Assignments

40.3 MillionSquare Feet

280+ SalesCompleted

The Marks/Halkias Team has facilitated the following transactions:

Page 3: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

TEAM BIOS Michael Marks is a Managing Director at Cushman & Wakefield and a co-leader of the firm’s Chicago Retail Investment

Sales practice. Over a fourteen year career in the commercial real estate industry, Mr. Marks has transacted or advised on

aggregate sales approaching $3 Billion. Michael’s unique understanding of the local market has allowed him to transact

some of the most highly coveted retail assets in the Chicago market on distinguished corridors, including Michigan

Avenue and State Street. Mr. Marks specializes in urban retail properties with a focus on assets located across celebrated

high streets and along thriving neighborhood retail submarkets.

MICHAEL MARKS Managing Director+1 312 470 2317 [email protected]

With more than 13 years of experience, Evan Halkias is a Managing Director and co-leader of C&W’s Midwest Retail Capital

Markets Team in Chicago. Evan’s core focus is on the disposition of multi-tenant and grocery anchored shopping centers

throughout the Midwest. Evan is a member of Cushman & Wakefield’s Retail Investment Advisor Group, which consists

of a small contingent of agents across the country that lead client accounts on a national level. Evan is a graduate from

the University of Illinois in Champaign and currently resides in Chicago. Recent notable transactions include The Shops at

Glen Pointe in Glenview, IL ($69,250,000), The Promenade Bolingbrook ($81,500,000), and The Corners of Brookfield in

Milwaukee ($170,000,000) grocery/open-air development).

EVAN HALKIAS Managing Director+1 312 470 2318 [email protected]

George Ghattas joined Cushman & Wakefield in 2018 with a 14 year career of successfully advising private and institutional

clients on the acquisition and disposition of single and multi-tenant retail properties with a Midwest focus. A graduate of

Central Michigan University (BA and MA), George was a four-year football letter winner. A resident on Chicago’s North

side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers.

GEORGE GHATTAS Senior Director+1 312 424 [email protected]

David Matheis serves as Associate Director for the Retail Investment Advisory team of Cushman & Wakefield in Chicago,

representing clients in the sale and acquisition of commercial investment properties and advising on valuation, appropriate

timing, and structure of sale. With 12 years of commercial real estate experience, David utilizes proprietary pricing

models and detailed financial underwriting to help clients transact in the most favorable terms possible. He continuously

researches capital market conditions and monitors the buying, selling and lending activity of retail, office, and industrial

properties throughout the Midwest.

DAVID MATHEIS Associate Director+1 312 470 [email protected]

Page 4: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

CURRENT LISTINGS Marks/Halkias Team

OSF URGO URGENT CAREPEORIA, IL3,264 SFClient: Private InvestorAnchor: OSF URGO Urgent Care

FRANKFORT CROSSINGFRANKFORT, IL114,534 SFClient: Phillips EdisonAnchor: Jewel-Osco, ACE Hardware

632 N DEARBORNCHICAGO, IL34,000 SF Client: Sterling BayAnchor: TAO Chicago

1300 NORTH DEARBORNCHICAGO, IL60,000 SFClient: Convexity Anchor: RH Chicago

LAFAYETTE PAVILIONSLAFAYETTE, IN381,370 SFClient: CIMAnchor: Burlington, Hobby Lobby, TJ Maxx, Marshalls

TESLACHICAGO, IL31,700 SFClient: Baker DevelopmentAnchor: Tesla Service Center

1555 BUSSE ROADELK GROVE VILLAGE, IL2,200 SF Client: Private InvestorAnchor: Starbucks

MARKET CENTREGOSHEN, IN252,049 SF Client: Brixmor Anchor: Ross, Burlington, JOANN

2020$172 MILLION 1.21 MSF 15+ LISTINGS

Our team is marketing the following properties. To view all of our latest listings, please review our website: cwretailadvisors.com

Page 5: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

COMPLETED TRANSACTIONS Marks/Halkias Team

NAPERVILLE CROSSINGSNAPERVILLE, IL$49,850,000 | 146,591 SFClient: PGIM Buyer: Phillips Edison

3001 HENNEPINMINNEAPOLIS, MN$34,500,000 | 171,984 SFClient: JP MorganBuyer: Northpond

CENTENNIAL LAKES PLAZAEDINA, MNUNDER CONTRACT | 198,099 SFClient: PGIMAnchor: Whole Foods, HomeGoods

1500 NORTH WELLSCHICAGO, IL$5,415,000 | 10,000 SF Client: Private Investor (Buyer)Seller: Four Corners

MARK TWAIN VILLAGEST. CHARLES, MO$29,850,000 | 306,367 SF Client: DRA Buyer: First National

Our team successfully executed the following notable transactions in 2019 and 2020 on behalf of our clients.

2020 2019$259 MILLION 1.91 MSF 31&

COMPLETE SALES

Page 6: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

COMPLETED TRANSACTIONS Marks/Halkias Team

WEST MARKET STREET STATIONAKRON, OHUNDER CONTRACT | 54,166 SFClient: SJ CollinsAnchor: Whole Foods, Lululemon

KIMBERLY CROSSINGDAVENPORT, IA$12,175,000 | 90,267 SFClient: PEBBBuyer: First National

EASTLAND SHOPPESEVANSVILLE, IN$9,300,000 | 150,772 SFClient: Phillips EdisonBuyer: Private Investor

PEBBLE BROOK SHOPSNOBLESVILLE, IN$7,040,000 | 32,957 SFClient: Hoffman CommercialBuyer: Impact Property Management

JUNCTION CITY PEORIA, IL$10,250,000 | 98,120 SFClient: New Junction VenturesBuyer: Private Investor

FISHERS MARKETPLACEFISHERS, IN$8,682,000 | 326,686 SFClient: Thompson ThriftBuyer: Private Investor

LITTLE VILLAGE RETAILCHICAGO, IL $6,500,000 | 14,400 SFClient: GW PropertiesBuyer: Private Investor

BOULEVARD CROSSINGSKOKOMO, IN $14,200,000 | 124,634 SFClient: Kite RealtyBuyer: Private Investor

$259 MILLION 1.91 MSF 31 COMPLETE SALES

2020 2019&

Our team successfully executed the following notable transactions in 2019 and 2020 on behalf of our clients.

Page 7: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

COMPLETED TRANSACTIONS Marks/Halkias Team 2018$239 MILLION 1.86 MSF 19 COMPLETESALES

CARRIAGE PLACECOLUMBUS, OH$45,000,000 | 280,910 SFClient: CASTO Buyer: First National

COBBLER CROSSINGELGIN, IL$13,050,000 | 102,643 SFClient: IRCBuyer: Epic

HOPKINSVILLE TOWNE CENTERHOPKINSVILLE, KY$25,000,000 | 184,661 SFClient: Thompson ThriftBuyer: Private Investor

ELMHURST CITY CENTREELMHURST, IL $12,400,000 | 39,090 SFClient: IRCBuyer: Westwood

SHOPPES ON SIXELKHART, IN$17,300,000 | 95,669 SFClient: Thompson Thrift Buyer: United Properties

Our team successfully executed the following notable transactions in 2018 on behalf of our clients. The following have closed or are under contract:

Page 8: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

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COMPLETED TRANSACTIONS Marks/Halkias Team 2018$239 MILLION 1.86 MSF 19 COMPLETESALES

36 SOUTH STATE STREETCHICAGO, IL$26,000,000 | 18,799 SFClient: Thor Equities Buyer: Jenel

900 W. ARMITAGE AVENUECHICAGO, IL$4,655,000 | 8,325 SFClient: Sterling BayBuyer: Private Investor

BERKELEY PLACEBLUFFTON, SC$6,562,500 | 129,927 SFClient: GarrisonBuyer: Private Investor

113 N. MAY STREETCHICAGO, IL $13,650,000 | 35,664 SFClient: Sterling BayBuyer: Vista Property Holdings

BITTERSWEET PLAZAMISHAWAKA, IN$7,850,000 | 92,295 SFClient: Brixmor Buyer: Cloverleaf

Our team successfully executed the following notable transactions in 2018 on behalf of our clients. The following have closed or are under contract:

Page 9: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

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COMPLETED TRANSACTIONS Marks/Halkias Team 2017$215 MILLION 1.1 MSF 20 COMPLETESALES

VERNAL TOWNE CENTERVERNAL, UT$18,900,000 | 179,679 SFClient: Gardner Town Center, LLCBuyer: Regency Commercial Associates

LINCOLN VILLAGECHICAGO, IL$30,000,000 | 139,454 SFClient: InventrustBuyer: Newport Capital

201 NORTH CLARKCHICAGO, IL$13,500,000 | 52,034 SFClient: Gregg SzilagyiBuyer: Bridgeway National Finance

PINNACLE PLAZACINCINNATI, OH$14,250,000 | 132,404 SFClient: ShorewoodBuyer: Newport Capital

FRANKFORT CROSSINGFRANKFORT, IL$20,480,000 | 114,534 SFClient: BrixmorBuyer: Phillips Edison

MICHIGAN GROCERY PORTFOLIOMULTIPLE, MI$13,300,000 | 171,310 SFClient: Regency Centers (Buyer)Seller: Fairfield Corporation

INDIANA GROCERY PORTFOLIOMULTIPLE, IN$36,300,000 | 580,000 SFClient: Regency Centers (Buyer)Seller: RedKey

GREEN RIVER PLAZACAMPBELLSVILLE, KY$12,902,500 | 203,239 SFClient: BrixmorBuyer: Regency Centers

Our team successfully executed the following notable transactions in 2017 on behalf of our clients.

Page 10: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

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COMPLETED TRANSACTIONS Marks/Halkias Team 2016$320 MILLION 3.2 MSF 30 COMPLETESALES

BROADWAY SQUARECHICAGO, IL$11,000,000 | 20,381 SFClient: Broadway Foster LLCBuyer: Crow Holdings

32 SOUTH STATECHICAGO, IL$44,500,000 | 96,354 SFClient: TIAABuyer: Thor

MILWAUKEE & HONORE CHICAGO, IL $8,800,000 | 9,339 SFClient: Jenel Buyer: Private

1000 WEST RANDOLPHCHICAGO, IL$35,250,500 | 23,000 SFClient: Sterling BayBuyer: Individual Investor

1100 NORTH STATECHICAGO, IL$53,200,000 | 33,597 SFClient: Eleven Hundred LLC Buyer: STRS

Our team successfully executed the following notable transactions in 2016 on behalf of our clients.

Page 11: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

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COMPLETED TRANSACTIONS Marks/Halkias Team 2016$320 MILLION 3.2 MSF 30 COMPLETESALES

VILLAGE COMMONSEVANSVILLE, IN $19,750,000 | 211,550 SFClient: Regency PropertiesBuyer: Mike Sidley

SHOPPES AT RIVERGATENASHVILLE, TN$15,655,000 | 172,078 SFClient: GarrisonBuyer: Monarch

AIRPORT & AUGUSTA CENTERPORTAGE, IN $17,150,000 | 26456 SFClient: Regency CentersBuyer: Fource LLC

GRAVOIS DILLON PLAZAST. LOUIS, MO $15,150,000 | 148,110 SFClient: InventTrustBuyer: Bon Investments

FABYAN RANDALL PLAZABATAVIA, IL $14,825,000 | 91,415 SFClient: InvenTrustBuyer: Netco

UNIVERSITY MALLCARBONDALE, IL$16,125,000 | 567,484 SFClient: LNRBuyer: Mason Asset Management

GARRISON PORTFOLIOMULTIPLE LOCATIONS - 7 SITES$55,900,000 | 714,583 SFClient: GarrisonBuyer: Select/Alliance

542-560 WEST ROOSEVELTCHICAGO, IL$5,447,000 | 24,112 SFClient: KSF Building CorpBuyer: Klaff

Page 12: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

COMPLETED TRANSACTIONS Marks/Halkias Team

$866 MILLION 1.2 MSF 25 COMPLETESALES

2015

114 SOUTH RACINECHICAGO, IL$14,840,000 | 68,852 SFClient: 114 S. Racine LLCBuyer: Intercultural Montessori Language School

669 NORTH MICHIGAN AVECHICAGO, IL$295,000,000 | 84,493 SFClient: JPM/SWIB Buyer: Meyer Bergman

100 & 112 SOUTH STATECHICAGO, IL$35,000,000 | 80,595 SFClient: Amalgamated Bank of ChicagoBuyer: Tishman Realty Corporation

THE ESQUIRECHICAGO, IL$176,000,000 | 58,133 SFClient: DRW Buyer: Ponte Gadea

60 EAST WALTONCHICAGO, IL$13,400,000 | 11,370 SFClient: Chicago Title & Land Trust Co.Buyer: Sixty East Walton, LLC

Our team successfully executed the following notable transactions in 2015 on behalf of our clients.

Page 13: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

cwretailadvisors.com

COMPLETED TRANSACTIONS Marks/Halkias Team

$866 MILLION 1.2 MSF 25 COMPLETESALES

GLEN POINTEGLENVIEW, IL$65,750,000 | 143,451 SFClient: PrudentialBuyer: CBRE Global Investors

MAYFAIR PLAZACHICAGO, IL$15,200,000 | 32,962 SFClient: Mayfair Plaza 63, LLCBuyer: Crow

THE CORNERSBROOKFIELD, WI$170,000,000 | 528,000 SFClient: Marcus Corp.Buyer: IM/Bradford

EVERGREEN SQUAREPEORIA, IL $9,450,000 | 100,726 SFClient: Next Realty Buyer: MK Asset Management

PLAZA DE CICEROCICERO, IL$9,510,000 | 39,000 SFClient: JesalBuyer: Marc Realty

ALEX CITY MARKETPLACEALEXANDER CITY, AL$10,250,000 | 147,791 SFClient: David ShemanoBuyer: Wheeler

CARILLON SQUAREGLENVIEW, IL$12,150,000 | 75,582 SFClient: Goldman SachsBuyer: Newgard Development

FAMILY DOLLAR PORTFOLIOMULTIPLE LOCATIONS - 20 SITES$24,998,671 | 157,478 SFClient: MultipleBuyer: AR Capital, LLC

Our team successfully executed the following notable transactions in 2015 on behalf of our clients.

2015

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cwretailadvisors.com

COMPLETED TRANSACTIONS Marks/Halkias Team 2014$274 MILLION 1.6 MSF 18 COMPLETESALES

WALDORF RETAIL CHICAGO, IL$44,000,000 - 6,738 SFClient: First Elylsian Hotel Company, LLC Buyer: Acadia

LUMBERTON CENTERLUMBERTON, NC$11,700,000 - 122,993 SFClient: Tim KirckpatrickBuyer: Regency Properties

10 SOUTH STATECHICAGO, IL$60,000,000 - 54,934 SFClient: South State Street Property Investor, LLCBuyer: Madison Capital

57 OAKCHICAGO, IL$14,900,000 -8,072 SFClient: 57 East Oak LLC, Barn 63 LLC, Naskra LLC & Oak Street Real Estate No. 2 LLCBuyer: 57 Oak Acquisition LLC

BOLINGBROOK PROMENADEBOLINGBROOK, IL$81,500,000 - 750,000 SFClient: Forest CityBuyer: Starwood

Our team successfully executed the following notable transactions in 2014 on behalf of our clients.

Page 15: CUSHMAN & WAKEFIELD MIDWEST RETAIL INVESTMENT …...side, George is a licensed broker in the State of Illinois and is a member of the International Council of Shopping Centers. GEORGE

RETAIL INVESTMENT ADVISORS

MICHAEL MARKSManaging Director+1 312 470 [email protected]

225 W Wacker Dr | Suite 3000 | Chicago, IL | cwretailadvisors.com

EVAN HALKIASManaging Director+1 312 470 [email protected]

GEORGE GHATTASSenior Director+1 312 424 [email protected]

DAVID MATHEISAssociate Director+1 312 470 [email protected]

SAN FRANCISCOCalifornia

PHOENIXArizona

DALLASTexas

CHICAGOIllinois

ATLANTA Georgia

MIAMIFlorida

MINNEAPOLISMinnesota

EAST RUTHERFORDNew Jersey