Chicago, IL

CBRE Arranges 22,104 Square Foot Retail Anchor Lease in Chicago Suburbs

January 12, 2024

A rendering of the exterior of the future Burlington location

Media Contact

Casey Davison

Corporate Communications, Midwest

Photo of casey-davison

CBRE has arranged a 22,104 square foot retail anchor lease 980 S Barrington Road in Streamwood, IL. Burlington has signed a new lease and will occupy the space later this year. The lease brings a previously vacant 81,000 square foot building to full occupancy.

The building Burlington will occupy was previously entirely occupied by Value City Furniture. The property was subsequently split into three units, with the CBRE team arranging two other leases with Aldi (23,589 square feet) and Ollie’s (33,000 square feet).

CBRE’s Joe Parrott and Sean McCourt represented building ownership, Diehl, LLC, in the transactions.

The building is located within Westview Center, a 350,000 square foot power center with tenants including Tony’s Fresh Market, dd's Discounts, and Esporta by LA Fitness.

“Burlington is a tremendous fit for Westview Center, and we are pleased they will occupy the remaining anchor space,” said Parrott. “The area’s significant customer traffic and strong demographics were key to filling this previously vacant building.”

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.