SENECA CONTINUES LEASING ACTIVITY IN SOUTHPORT CORRIDOR

Property Lease southport chicago il

Chicago (July 22, 2015) – Seneca Real Estate Group’s (https://www.seneca-re.com/) principal and director of marketing and leasing, Joe Padorr, represented Chicago-based landlord Harris Properties in the 10-year lease of it’s 2,300-square-foot property at 3357 N. Southport.

Construction of this single-story retail building, which features scissor trusses to allow for high ceilings and skylights, was completed in late 2014. The tenant, Chicago Health Medical Group (http://www.chicagohealthmedicalgroup.com/Home.aspx) was represented by Patrick Owens, Transwestern (http://www.transwestern.net/).

Padorr also represented landlord Harris Properties in the lease of 910 square feet to Fleet Feet (http://www.fleetfeetchicago.com/) at 3359 N. Southport in 2014. Joe Sauer, Sierra US (http://www.sierraus.com), represented the tenant.

In 2013, Padorr represented landlord Derrig Properties in the leasing of 10,000 square feet to Gap at 3416 N. Southport, 4,000 square feet to Athleta, 3,000 square feet to Noodles and Co., and 8,000 square feet to Southport Fitness at 3415 N. Southport.

“Retail in Southport’s epicenter – between Roscoe and Addison – has seen robust growth over the last three years due to the sub-market’s strong income demographics of its upwardly mobile singles and young families that live in the Lakeview neighborhood,” noted Padorr.  “We were among the first to ink national tenant deals on the street following the recession and momentum has been a key component to the area’s continued retail growth.”

Seneca Real Estate Group is a real estate advisory and management company that provides leasing, brokerage and asset management services to mid-market residential, condominium and commercial (office, industrial and retail) properties in and around Chicago. A roll-up-your-sleeves, hands-on approach of a mid-sized firm coupled with the big business expertise of the company’s founders, Tom Morabito and Joe Padorr, allows Seneca Real Estate Group to maximize both the intrinsic and actual value of all the properties they touch.

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