CHICAGO, Nov. 29, 2012 (GLOBE NEWSWIRE) -- Chicago based full-service real estate firm McCaffery Interests and Canyon-Johnson Urban Funds are proud to announce the commitment of several retail tenants to open at The Shops at Roosevelt Collection in Autumn 2013. The Roosevelt Collection is comprised of 342 fully leased apartments, 330,000 square feet of retail space, land and approvals for an additional 1,158 residential units and a magnificent park and meeting place. The Roosevelt Collection is currently home to the ShowPlace ICON Theatre, which industry experts acknowledge to have the highest grossing movie sales in the entire Midwest.
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Tenants being announced today include prominent local and national retailers and restaurants, including: H&M, ULTA Beauty, Francesca's Collection, BlackFinn American Grille, Z Gallerie, Fleet Feet Sports, White House Black Market, Republic of Couture and Chica Loca (by Restaurants-America).
In June 2011, McCaffery Interests in partnership with Canyon-Johnson Urban Funds acquired Roosevelt Collection. McCaffery's vision to create a dynamic gathering place for apartment residents, shoppers and the South Loop community is rapidly taking shape with the recently completed new central park. The park and plaza areas feature a children's playground, a koi pond, casual seating with fire pits, a life-size chessboard, a grand fountain and numerous open spaces surrounded by lush landscape, providing a stunning meeting and entertainment center to rival any in Chicago.
Located on the first and second floors, The Shops at Roosevelt Collection will complete the Roosevelt Collection experience, enhancing the existing community established by The Lofts at Roosevelt Collection—342 award-winning Class-A apartments. Easily accessible by all forms of transportation, and containing a state-of-the-art three-floor underground parking garage, Roosevelt Collection is one of the most anticipated open-air lifestyle centers in Chicago.
McCaffery Interests strives to provide creative and socially responsible solutions to meet the lifestyle needs of tenants, residents and the community. Chicagoans are encouraged to explore the opportunities presented by Roosevelt Collection by visiting the center at 150 W Roosevelt Road. Please contact Clayton McCaffery for information on retail leasing at 312.944.3777 or email email@example.com.
About McCaffery Interests, Inc:
McCaffery Interests, Inc., is a privately owned, full-service commercial real estate company that has been in the business of investing, developing, leasing and managing real estate for more than 20 years. The McCaffery Interests portfolio of planned, completed and managed projects exceeds 20 million square feet and includes office, mixed-use, hotel, and residential properties, as well as large, master-planned communities and land developments. With offices in Chicago, IL and Washington, DC, and controlled assets and completed developments valued in excess of $2 billion, McCaffery Interests is one of the most trusted real estate companies in the nation. For more information, please visit http://www.mccafferyinterests.com or call (312) 944-3777.
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About Canyon-Johnson Urban Funds:
Canyon-Johnson Urban Funds is one of the country's largest private real estate funds focused on the development of urban properties in underserved neighborhoods. Canyon Capital Realty Advisors and Earvin "Magic" Johnson's Magic Johnson Enterprises joined forces to raise a series of funds to identify, enhance and capture value through the development and redevelopment of real estate in densely populated, ethnically diverse urban communities. Fundamental to Canyon-Johnson's investment thesis is its commitment to a "triple bottom line" philosophy of achieving superior financial results, fostering opportunities within urban communities, and embracing environmental responsibility. With nearly $2 billion in committed equity capital, the funds are positioned to facilitate more than $8 billion in development and revitalization in major U.S. metropolitan areas. Canyon Capital Realty Advisors is the real estate direct investing arm of Canyon Partners. Canyon and its affiliates are investment management firms and registered investment advisors headquartered in Los Angeles, California, with approximately $18.5 billion in assets under management. For more information, visit http://www.cjuf.com.
CONTACT: MEDIA CONTACT: Clayton McCaffery Managing Director of Development and Leasing McCaffery Interests, Inc. (312) 944-3777 firstname.lastname@example.org
Source: McCaffery Interests