Galleria Furniture, a leading furniture retailer, has recently secured a 20,000-square-foot retail lease at the popular Marycrest Shopping Center in Joliet, Illinois. This addition further solidifies the center’s position as a thriving hub for a diverse range of businesses.
Marycrest Shopping Center, situated on Jefferson Street, boasts a vast expanse of 171,000 square feet. Recognized for its strategic location and excellent amenities, the center is widely considered an ideal destination for various industries. The addition of Galleria Furniture reinforces the shopping center’s potential to attract an even larger customer base.
With this new lease, Galleria Furniture joins a lineup of renowned establishments at Marycrest Shopping Center. Some of the existing tenants include Provena Health, Joliet Bank & Trust, Rent-A-Center, Golden Corral, Dollar Tree, Sidelines Sports Bar, Posh Salon Suites, Clair Beauty Mart, Popus Gourmet Popcorn, and Basinger’s Pharmacy. Together, these businesses create a dynamic environment that caters to a wide range of consumer needs.
The leasing transaction was facilitated by industry experts representing both the owner and Galleria Furniture. Chris Irwin and Brad Belden of Colliers effectively represented the owner, RMS, while Eli Munoz of Wirtz Real Estate acted on behalf of Galleria Furniture.
The signing of this lease marks a milestone for both Galleria Furniture and Marycrest Shopping Center. Not only does it provide Galleria Furniture with an opportunity to expand its presence and serve a larger customer base, but it also enhances the shopping experience for visitors to Marycrest. With the center now 93 percent leased, its popularity is set to soar even higher.
Galleria Furniture Secures 20,000-Square-Foot Lease at Marycrest Shopping Center
FAQ:
1. Where is the Marycrest Shopping Center located?
The Marycrest Shopping Center is situated on Jefferson Street in Joliet, Illinois.
2. What is the size of the Marycrest Shopping Center?
The Marycrest Shopping Center boasts a total area of 171,000 square feet.
3. Why is Marycrest Shopping Center considered an ideal destination?
Marycrest Shopping Center is recognized for its strategic location and excellent amenities, making it an ideal destination for various industries.
4. What other businesses are located at Marycrest Shopping Center?
Some of the existing tenants at Marycrest Shopping Center include Provena Health, Joliet Bank & Trust, Rent-A-Center, Golden Corral, Dollar Tree, Sidelines Sports Bar, Posh Salon Suites, Clair Beauty Mart, Popus Gourmet Popcorn, and Basinger’s Pharmacy.
5. Who facilitated the leasing transaction between the owner and Galleria Furniture?
Chris Irwin and Brad Belden of Colliers represented the owner, RMS, while Eli Munoz of Wirtz Real Estate acted on behalf of Galleria Furniture.
6. What does the lease signing represent for Galleria Furniture and Marycrest Shopping Center?
The signing of this lease provides Galleria Furniture with an opportunity to expand its presence and serve a larger customer base, while also enhancing the shopping experience for visitors to Marycrest Shopping Center.
Definitions:
– Lease: A legal contract between a landlord (owner) and a tenant (lessee) that grants the tenant the right to use a property for a specified period of time in exchange for rent payment.
– Tenant: A person or business entity that occupies a property by lease agreement.
– Owner: The individual or entity that holds legal ownership of a property or asset.
– Retailer: A business or establishment that sells goods directly to consumers.
– Leasing Transaction: The process of renting or granting the use of a property or asset for a specified period of time.
Suggested Related Links:
– GalleriaFurniture.com – The official website of Galleria Furniture.
– MarycrestShoppingCenter.com – The official website of Marycrest Shopping Center.
The source of the article is from the blog publicsectortravel.org.uk