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January 09, 2012
PRESS RELEASES:
Imperial Realty Announces the Sale of 1447-1453 E.53rd
Street, Chicago, IL
Posted May 17, 2011
Imperial Realty is pleased to
announce the sale of a Hyde Park, in-line retail property at 1447-1453
E.53rd Street, Chicago, IL. The sale date for this
transaction was April 15, 2011. The property was in the Imperial Realty
Co. portfolio for decades and was formerly a F. W. Woolworth’s store up
until their closing.
More information about
this sale can be found on the following link for Crains Chicago
Business;
http://www.chicagorealestatedaily.com/article/20110510/CRED05/110519991/closer-highlights-for-may-10
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ACQUISITION OF 5050
N. BROADWAY, CHICAGO, IL
 Posted
May 11, 2011
Alfred Klairmont, President of
Imperial Realty Company, is pleased to announce the acquisition of 5050
N. Broadway, Chicago, IL. This site was the original headquarters for
Combined Insurance and is a mix of high and mid-rise office buildings, a
625 car parking deck, paved lots and a warehouse building. This site
will be redeveloped and is considered an essential component of the
City’s planned Uptown Redevelopment Project.
ACQUISITION OF 950
LEE STREET, DES PLAINES, IL
 Posted
March 29, 2011
Alfred Klairmont, President of Imperial Realty Company, is
pleased to announce its acquisition of 950 Lee Street, Des Plaines, IL.
This 35,000 square foot office building is ideally located near downtown
Des Plaines shopping and restaurants. Dan Hyman of Millennium Properties
was the sole broker for this transaction.
Imperial Realty
Company Named in Crain’s Top 25 Property Management Firms
 Posted
March 8, 2011
Crain’s Chicago Business magazine, March 7, 2011 issue, has
named Imperial Realty Company as one of the Top 25 commercial Property
Management firms in the Chicagoland area. This is the 12th year in a row
that Imperial was recognized in this elite commercial real estate
category by Crain’s.
ACQUISITION OF 5940
W. TOUHY, NILES, IL
 Posted:
December 5, 2010
Alfred Klairmont, President of
Imperial Realty Company, is pleased to announce its acquisition of
5940 West Touhy Avenue, Niles, IL. This 33,000 square foot office building is
ideally located near shopping, hotels and restaurants. Imperial Realty
will renovate the interior and exterior of the building to restore the
original dignity of this property. This is one of 16 office buildings in
Imperial Realty’s portfolio located in the Edens Corridor (I-94). Dan
Hyman of Millennium Properties was the sole broker for this transaction.
ACQUISITION OF 3501 ALGONQUIN ROAD, ROLLING MEADOWS, IL
 Posted:
August 23, 2010
Alfred Klairmont, President of
Imperial Realty Company, is pleased to announce its acquisition of
3501
Algonquin Road, Rolling Meadows, IL. This 209,000 square foot 100%
vacant office building was the former headquarters of the bottler
PepsiAmericas, Inc. Imperial Realty has introduced an innovative
and aggressive leasing program at far below market rates and looks to
swiftly fill the building with a multiple of tenants seeking various
office sizes.
Here are related news stories from
Crain's (June 16, 2010) and
Chicago Real Estate Daily (July 1, 2010).
Imperial Realty
Announces Brokerage of the Sale of former Jamaican Gardens in Morton
Grove, IL
Posted June 15, 2010
Imperial Realty is pleased to announce the sale of 8509
Frontage Road in Morton Grove, IL. This 3 ½ acre parcel and former
garden nursery was sold in May 2010 to CRL Senior Living Communities. CRL
plans on opening a stand-alone Memory Care Community for those suffering
with Alzheimer’s and dementia. A late summer 2010 opening is expected.
The broker on this transaction was Robert Huber of Imperial Realty.
Imperial Realty
Announces Brokerage of the Sale of Former Bennigan’s in Batavia, IL
 Posted
May 11, 2010
Imperial Realty is pleased to announce the sale of 521 North Randall
Road in Batavia, IL. This 6,400 square foot restaurant was sold in March
2010. The broker on this transaction was Robert Huber of Imperial
Realty. The buyers are the Portillo Restaurant Group who is planning on
opening a Honey-Jam Café. This is a new breakfast and lunch concept for
Portillo’s, a high end quality eatery serving crepes, omlets, sandwiches
and burgers from 6:00 AM to 3:00 PM. A July 2010 opening is expected.
ACQUISITION OF
1699 WALL STREET, MT. PROSPECT, IL
 Posted:
March 1, 2010
Alfred Klairmont, President of Imperial Realty Company, is
pleased to announce its acquisition of
Lake Center Plaza located at 1699 Wall Street, Mt. Prospect, IL.
This acquisition is a 146,000 square foot, 7-story office building
positioned on a large campus setting with a lake. Located on Elmhurst
Road (IL-83) between Dempster and Oakton, this building boasts many
amenities including a conference facility, excellent views, abundant
parking and it is conveniently located near restaurants and shopping.
ACQUISITION OF 600 HOLIDAY PLAZA DRIVE, MATTESON, IL
 Posted: December 8, 2009
Alfred Klairmont, President of Imperial Realty Company, is
pleased to announce its acquisition at
600 Holiday Plaza Drive in Matteson, IL. This acquisition is a
5-story structure containing 123,349 square feet with 26,000 square foot
floor plates, the largest in the Southern suburban Chicago market.
Amenities include conference facility, exercise facility, and attached
Holiday Inn Hotel with shops and restaurants.
Imperial Realty Company Named Court Appointed
Receivers for Triton Towers, River Grove, IL
 Posted:
October 7, 2009
Imperial Realty is proud to announce to have been named the court
appointed receivers for
Triton Towers, 2725 N. Thatcher, River
Grove, IL. Triton Towers is a five-story office building with retail on
the first floor. Imperial Realty began managing this property in
September 2009.
Imperial Realty Announces Brokerage of the Sale
of
former Bennigan’s in Bolingbrook, IL
 Posted:
October 7, 2009
Imperial Realty is pleased to announce the sale of 145 South Weber Road
in Bolingbrook, IL. This 6,500 square foot restaurant was sold in August
2009 to a private restaurateur who is planning on opening a Cattleman’s
Steakhouse at this site. A fall 2009 opening is expected. The broker on
this transaction was Robert Huber of Imperial Realty.
Imperial Retail – Leasing Begins at new Outlot
Building
At Golf Milwaukee Plaza, Niles, IL
 Posted:
October 7, 2009
Imperial Realty Company would like to welcome new tenants to
Golf Milwaukee Plaza, located at the
prime intersection of Golf Road and Milwaukee Avenue in Niles, IL. Two
leases
have recently been signed for this new building at Golf
Milwaukee Plaza, totaling 4800 square feet: T-Mobile, a 2,400 sq. ft.
national provider of wireless voice, messaging, and data services, and
Chipotle Mexican Grill, a 2,400 sq. ft. restaurant chain of restaurants
specializing in burritos and tacos.
Imperial Realty Company Brokers Sale of 4700 Golf
Road, Skokie
Date Posted 2/18/09
Larry Klairmont of Imperial Realty Company acted as sole broker for the
sale of the former Sharp Chevrolet dealership at 4700 Golf Road in
Skokie, Illinois. The property was listed for $13,100,000 and was
purchased by a joint venture between Evanston Hospital and Rush
Presbyterian.
ACQUISITON OF 36-40 SKOKIE VALLEY ROAD, HIGHLAND
PARK, IL
 Date
Posted 1/19/09
Alfred Klairmont, President of Imperial Realty Company, has announced the
acquisition of
36-40 Skokie Valley Road in
Highland Park. This commercial building is home to Hertz Corporation and
AT & T. Imperial Realty now owns, manages and leases buildings in each
of Highland Park’s three major Business Districts: Downtown, Ravinia and
its newest addition, The Skokie Corridor. Greg Moyer of Marcus &
Millichap brokered this transaction.
Imperial Realty Company Completes New DesignPac Lease, 2721 Edgington
Street, Franklin Park, IL
Date Posted 8/1/08
Imperial Realty Company welcomes back DesignPac, a
seasonal tenant occupying 270,000 square feet at
2721 Edgington Street in Franklin Park, IL. DesignPac
specializes in designing and building specialty gourmet food, candy,
liquor and seasonal gift products. DesignPac sells their gift and
decorative product accessories to retail stores, which include
Albertson’s, BJ’s Wholesale Club, Costco Wholesale, Federated Department
Stores, Marshalls, Sam’s Club, Target, TJ Maxx and Wal-Mart.
Imperial Realty Company Completes New Lease with Paul Stuart Inc.
107 E. Oak, Chicago, IL
 Date
Posted 7/23/08
Imperial Realty Company has completed a 6,300 square foot lease with
Paul Stuart Inc., an upscale men’s retailer, at
107 E. Oak Street in Chicago. Paul Stuart is relocating their
business from the John Hancock Center. An early fall 2008 opening is
planned. Fred Lev & Co. brokered this transaction.
Leasing is Brisk at Belvidere Mall - Waukegan, IL
Date
Posted: 7/1/08
Imperial Realty Company would like to welcome new retail
and service tenants to the Belvidere
Discount Mall, located at the southwest corner of Route 120
(Belvidere Road) and Lewis Avenue in Waukegan, Illinois. Six new
leases have recently been signed at Belvidere Discount Mall, totaling
11,908 square feet:
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Studio 120, a 1,553 sq. ft. beauty salon,
providing hair care and minor spa services to the community.
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Arenas Style, a 3,118 sq. ft. women’s
fashion store, selling clothes, perfumes, and miscellaneous
accessories and provides for custom screen prints on tee-shirts,
hats, and other clothing items.
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Hanna’s Jewelry, a 2,308 sq. ft. jewelry
store selling both mid and high-end fashion jewelry.
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Waukegan Amusements, a 1,313 sq. ft.
arcade providing entertainment, prizes, and activities for its
patrons.
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Waukegan Laundromat, a 3,316 sq. ft. full
service laundromat providing washing and drying facilities for the
local community in a clean, modern facility relying primarily on
card-driven purchases of time for using washers and dryers, as well
as a "customer appreciation" bonus for use by laundromat patrons in
the connected arcade.
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Greyhound Lines, a 300 sq. ft. kiosk,
provides the local community with ticket services for Greyhouond bus
lines, replacing the previous service terminal on Grand Avenue.
Buses pick-up and drop-off packages and patrons outside the west
entrance by the Waukegan Laundromat.
Golf-Milwaukee Plaza - Asian Restaurants to Open and Expand - Niles, IL
Date
Posted 05/29/08
Imperial Realty Company is pleased to announce the renewal and
expansion of its longtime tenant, New China Buffet and is
pleased to announce a lease transaction completed with Woori Village,
a Korean BBQ Restaurant.
New China Buffet located at 8520 Golf Road will now occupy
approximately 7,100 square feet at Golf
Milwaukee Plaza, which is located at the northeast corner of Golf &
Milwaukee Avenues in Niles. New China Buffet previously leased 6,100
square feet in the building and needed additional space to accommodate
their flourishing business.
Woori Village will be located at 8526-G Golf Road and will occupy
10,000 square feet. Woori Village's menu offers a great Korean BBQ,
which includes marinated pork, kalbi, ribs, etc. and offers an
all-u-can-eat option as well. A fall 2008 opening is planned. Imperial
Realty brokered this 10-year lease for New China Buffet and Midwest
Realty in conjunction with Imperial Realty brokered this 10-year lease
for Woori Village.
Imperial Realty Company Completes New Ruby of Siam Lease - 170 West
Washington, Chicago, IL
 Date
Posted 3/14/08
Imperial Realty Company has completed a 3,121 square foot lease with
Ruby of Siam at
170 W. Washington, between Wells and
LaSalle Streets in Chicago’s Loop. Ruby of Siam has two other locations
in the Chicago land area; 1125 Emerson in Evanston and 9420 Skokie
Boulevard in Skokie. Ruby of Siam’s menu offers authentic Thai dishes
which are prepared from fresh ingredients and cooked to order. A spring
2008 grand opening is planned.
Imperial Realty’s Corporate Office Expansion
 Date
Posted 12/3/07
Imperial Realty Company is pleased to announce the expansion of our
corporate offices at 4747 West Peterson,
Chicago.
Our office now encompasses the entire second floor of this building
consisting of 8,600 square feet.
Imperial Realty Company Announces Plans for Breaking Ground on a
Spec Building in Schaumburg, IL
Date
Posted 9/2/07
Imperial Realty Company is pleased to announce hiring an architectural
firm, Chipman Adams Ltd., to design a spec building at the northeast
corner of Roselle and Golf Roads, a
premier location in Schaumburg.
The retail building will feature 4,000 square feet.
Imperial
Realty Company President Alfred Klairmont Inducted into the Chicago Area
Entrepreneurship Hall of Fame.
 Date
Posted 8/1/07
Alfred Klairmont, President of Imperial Realty Company, has been inducted
into the Chicago Area Entrepreneurship Hall of Fame. The
Entrepreneurship Hall of Fame recognizes the innovators and leaders in
the Chicago area. Each year distinguished entrepreneurs who have
demonstrated entrepreneurial talent by founding and/or growing a
business in the Chicago area are inducted. Mr. Klairmont joins a group
of over 200 past recipients awarded throughout the last 22 years. The
Entrepreneurship Hall of Fame is sponsored by Grant Thornton, LaSalle
Bank, Houliham Lokey Howard & Zukin, Seyfarth Shaw LLP and the
University of Illinois at Chicago.
Imperial
Realty Announces the Sale of Belden Industrial in Chicago, IL
Date Posted 3/28/07
Imperial Realty is pleased to announce the sale of 3951 W. Belden,
Chicago, IL. This 14,506 square foot industrial building was sold on
March 19, 2007 to Pegas Properties, Inc. The brokers on this
transaction were Rick Larson and Brian Ripp of Camins, Tomasz, Kritt.
Imperial
Realty Announces the Opening of Whole Foods @ Cicero & Peterson
 Date
Posted 2/21/07
Imperial Realty Company is pleased to announce the opening of Whole
Foods Market® on February 21, 2007 at the northwest corner of Cicero and
Peterson in Chicago’s Sauganash area. It was Imperial Realty’s concept
for this mixed use property. Whole Foods Market® is the world's leading
natural and organic foods supermarket and the nation's first certified
organic grocer. This store is the first Whole Foods Market to open in
the Chicago area in more than four years. This store will provide
Sauganash and surrounding-area residents with great-tasting,
high-quality foods in a convenient and contemporary setting.
Imperial Realty Announces the Sale
of Century East Apartments in Ft. Lauderdale, FL
Date
Posted 12/12/2006
Imperial Realty is pleased to announce the sale of Century East
Apartments. This sale occurred in the first quarter of 2006.
This apartment resort is located at 100-110 Isle of Venice in Ft.
Lauderdale, FL. The buyer, Akron Group LLC, intends to convert
this property into condominiums.
Wal-Mart Opens at Golf Milwaukee Plaza, Niles, IL
Date
Posted 11/16/2006
Imperial Realty is pleased to announce the opening of Wal-Mart at Golf
Milwaukee Plaza in Niles, IL on Wednesday, October 18. This
148,000 square foot Niles Wal-Mart was designed as a convenient one-stop
shop. There are 36 departments including expanded infant and
family apparel, health and beauty aids, household needs, electronics,
toys, fabrics and crafts, lawn and garden supplies, jewelry and shoes.
Belvidere Mall Plans Major Expansion
Date
Posted 11/16/2006
Imperial proudly announces a major expansion plan for
Belvidere Discount Mall, Waukegan, the first enclosed shopping
center in Lake County. This highly successful center, which is 92%
leased, will be adding approximately 150,000 square feet of new stores
and outlets.
ACQUISITION OF 5700 N. LINCOLN, CHICAGO, IL
Date
Posted 09/28/2006
Alfred Klairmont, President of Imperial Realty Company, is pleased to
announce the acquisition of 5700 N.
Lincoln in Chicago, IL. This 2-story, 18,000 square foot office
building has Charter One Bank occupying the first floor. This is the
15th office building owned, managed and leased by Imperial Realty in the
Edens Expressway corridor. Imperial Realty intends to divide spaces on
the second level and lease them for small office use. Wayne Shulman with
HSA brokered this transaction.
ACQUISITION OF RAVINIA PROPERTY, HIGHLAND PARK, IL
 Date
Posted 01/20/2006
Alfred Klairmont, President of Imperial Realty Company, is pleased to
announce its acquisition at 515 – 555
Roger Williams in Highland Park. Encompassing this acquisition
is a White Hen Pantry along with two other retail tenants and second
floor office space. This location is part of the historic Ravinia
Business District and offers ample parking to its patrons.
ACQUISITION OF THE FORMER AB DICK BUILDING, NILES, IL
Date
Posted 01/20/2006
Alfred Klairmont, President of Imperial Realty Company, is pleased to
announce the acquisition of 7400 N.
Caldwell in Niles, IL. This 3-story, 54,000 square foot office
building was home to the former single user tenant, AB Dick. Imperial
Realty intends to divide up spaces prior to releasing them for lease up.
Jim Ward of Grubb and Ellis represented the seller in this transaction.
KIMBALL AVENUE SALE, CHICAGO, IL
Date
Posted 01/03/2006
Imperial Realty announces the sale of 4720-40 N. Kimball, Chicago,
IL. This 25,000 square foot warehouse and retail building was sold on
July 25, 2005 to a condominium developer.
BROKERS' TRANSACTION, 55 E. 89th PLACE, CHICAGO, IL
Date
Posted 01/02/2006
Imperial Realty represented the seller of a 26,000 square foot
industrial building located on a 70,000 square foot land site just off
of the Dan Ryan Expressway at 89th Place and adjacent to one of the most
prestigious single family home sub divisions on the south side of
Chicago. The purchaser was a residential developer who combined this
purchase with another adjacent commercial site. Camins Tomasz Kritt
represented the purchaser. This transaction closed on January 17, 2006.
The purchase price was $980,000.
Recently Signed Leases
Date
Posted
September 22, 2011
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Resurrection Services
Peterson Executive Center
3500 West Peterson
Chicago, IL
4,093 sq. ft.
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Friberg Spine & Joint Inst.
Edens View
4747 West Peterson
Chicago, IL
2,111 sq. ft.
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Friberg Spine & Joint Inst.
5929 N. Cicero
Chicago, IL
1,375 sq. ft.
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Hertz Auto Center
Hall Auto Center
4621 W. Belmont Avenue
Chicago, IL
3,350 sq. ft.
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Midwest Gold Buyers
Golf Milwaukee Plaza
8504-B Golf Road
Niles, IL
1,890 sq. ft.
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Wilk Insurance Company
Outside Listing
600 N. Buffalo Grove Road
Buffalo Grove, IL
3,400 sq. ft.
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GSA
Outside Listing
1725 N. McGovern
Highland Park, IL
2,300 sq. ft.
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Apps of Illilnois
3501 Algonquin Road
Rolling Meadows, IL
1,030 sq. ft.
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Bradford Organ Company
Outside Listing
8325 Christina
Skokie, IL
4,000 sq. ft.
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RPH On the Go
8001 N. Lincoln Avenue
Skokie, IL
13,146 sq. ft.
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Bankers Life & Casualty Co.
Edens East Office Center
6160 North Cicero
Chicago, IL
4,425 sq. ft.
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4-D Services, Inc.
Eisenhower Tower
1701 First Street
Maywood, IL
1,913 sq. ft.
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My Insurance Group
3501 Algonquin Road
Rolling Meadows, IL
2,130 sq. ft.
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