CBRE Fully Leases 100,000 Square Foot Retail Property in Joliet

CBRE has arranged the final lease to complete the leasing efforts totaling 100,000 square feet to bring Joliet Marketplace to full occupancy. A 3,500 square foot lease with UrgentVet was the most recent transaction, slated to open in the spring of 2023.

CBRE’s Sean McCourt and Joe Parrott represented building ownership, IG Capital, in the transaction.

Positioned at the busy northwest corner of Jefferson St. and Larkin Ave, Joliet Marketplace is less than a mile north of an I-80 interchange in Joliet. The property was a former K-Mart and had stood vacant since 2016 before IG Capital purchased the building in 2020 and brought on CBRE's Sean McCourt, Joe Parrott and Riley McCarron to assist with redeveloping the site.

“We are thrilled to see the turnaround at this property be completed,” said McCourt. "It was a pleasure working with IG Capital and the City of Joliet to help transform a long vacant building into a thriving community destination.”

UrgentVet joins other tenants at Joliet Marketplace including Tony's Fresh Market, Planet Fitness, Tropical Smoothie Cafe, Charley's, at Ivy Rehab.