April 2, 2019
The Woodmont Company plans to develop Washington & Barron Commons, a four-building retail center in the Chicago suburb of Grayslake, IL. Construction is projected to start on phase one this summer.
The first phase will include an approximately 9,000-square-foot freestanding building for Kiddie Academy, and a 4,500-square-foot single-tenant building which is available for lease. Phase two will consist of an approximate 8,000-square-foot multi-tenant building, and an approximate 3,000-square-foot single-tenant building, both of which are available for lease.
Woodmont’s Grant Gary and Robert Snider are overseeing leasing at the project.
“The Woodmont Company believes this is a great opportunity to provide retail in an underserved area,” said Gary, president of brokerage for Woodmont. “The center will be located in a dense residential community, with average income at $116,000.”
Grayslake is located in central Lake County, IL, approximately 50 miles north of downtown Chicago and 11 miles west of Lake Michigan.
For comments, questions or concerns, please contact Paul Bubny