Oakbrook Terrace Square

Shopping Center

Oakbrook Terrace Square is currently undergoing a complete transformation. The center is being entirely developed to create a village setting, complete with beautifully landscaped pedestrian walkways that include attractive plantings and seating areas to encourage outdoor gathering while shopping. The new center will feature a brand new 58,000-square-foot grocer, Pete’s Fresh Market, plus an additional 83,000 square feet of new shopping that includes three out lots fully integrated into the overall design of the center.

Along with the new design, the entrance boulevards and parking areas are being transformed as well, not only to be more appealing but also to better accommodate higher traffic loads. Pete’s Fresh Market will be situated in the west corner of the center.

Pete's Fresh Market

Pete’s Fresh Market is a Chicago-based, family- owned operation and features exceptionally fresh foods at incredible prices. Shoppers are immediately wowed by the impressive fresh market when entering the store. And it doesn’t stop there. Every department features a wide variety of the best quality fresh food at very competitive prices, and employees are both super friendly and very passionate about their store. This is a reflection of the owner’s desire to provide the finest grocery experience the Chicago area has to offer. Visit www.Petesfresh.com to get a preview of this exciting new shopping experience.

Harris Bank

Familiar faces will grace the new center. Harris Bank will continue to be a prominent tenant and will be constructing a brand new, state-of-the-art branch to open in the fall of 2011. The new branch will feature a fresh new look along with more convenient drive through banking and exceptional service familiar to Harris Bank customers. The design of the branch is a new look for Harris Bank as it embarks on impressive new growth. The new branch will be located immediately east of its current location and a new signalized entrance boulevard will be constructed in place of the existing bank building.

Unique Market Position

Oakbrook Terrace Square’s new design will include realignment of the main entrance as a fully signalized boulevard from Roosevelt Road, providing significant signage visibility and a dramatic sense of arrival. The Square is a well positioned, grocery-anchored retail center located directly on Roosevelt Road in the Village of Oakbrook Terrace. This 13.79-acre property enjoys a suburban infill location just 17 miles due west of downtown Chicago, providing a unique advantage over the numerous retailers located further west.

Developing the center presents an opportunity for repositioning that takes full advantage of its location, as well as creating a setting highly appealing to the many retailers eyeing sites in the Oakbrook Terrace and Oakbrook trade market. Due to the density of the surrounding population and the lack of sites available for new development on both Roosevelt Road and 22nd Street, this center will have a unique market position. This will enable the center to stabilize around a dynamic retail tenant base of national, regional and local retailers. Attractive potential tenants will include large national and regional stores that service the abundance of office and residential customers. The leasing strategy targets a mix of national, regional, and local retailers to fill the in-line space and outlots, enhancing the shopping, dining and gathering place experience in a charming village atmosphere.