Jun 08

Updated Nov 01

Hanig's Footwear - Clark/Diversey

I saw a "Lost our Lease" sign on the window of Hanig's Footwear (Clark/Diversey). Does anyone know what's going in there?

  • Bob

    The Hanig's building is owned by Acadia Realty Trust, a REIT [real estate investment trust] and trades publicly on the NYSE, symbol AKR. AKR owns properties in many major cities. AKR is valued ast $1.8 billion.

    Acadia also owns the building occupied by Vitamin Shoppe across the street. Vitamin Shoppe...

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    The Hanig's building is owned by Acadia Realty Trust, a REIT [real estate investment trust] and trades publicly on the NYSE, symbol AKR. AKR owns properties in many major cities. AKR is valued ast $1.8 billion.

    Acadia also owns the building occupied by Vitamin Shoppe across the street. Vitamin Shoppe is on a month to month lease and would like to relocate to a smaller location nearby.

    Given the vacancies at Jamba Juice, the former Walgreens, Hanig's, and eventually Vitamin Shoppe, and given the high rise [possibly all 1 BRs] that eventually will be built in the old Walgreen's location, we are in for some changes at Broadway, Clark, and Diversey.

  • Stu in Lincoln Park 43rd Ward Independent

    Bring 'em on. The local businesses that are still hanging on could use the foot traffic.

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