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@properties Brokers West Loop Commercial Real Estate Deal for First FIAT Showroom in Downtown Chicago

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@properties Brokers West Loop Commercial Real Estate Deal for First FIAT Showroom in Downtown Chicago - commercial property - property broker - Chicago


Chicago, IL (PRWEB) April 03, 2012 A west-suburban-based auto dealer will open the first FIAT showroom in downtown Chicago after signing a 10-year retail lease for 12,900 square feet of West Loop commercial real estate.



Harlem Garfield LLC, a partnership that also owns and operates Volvo of Oak Park, will open FIAT of Chicago at 647 W. Randolph St., on the ground floor of a 15-story condominium building at the southwest corner of Randolph and Desplaines.

The location gives FIAT street frontage along two main thoroughfares as well as high-visibility signage along Interstate 90/94, which the building abuts to the east.

Mike Rourke, vice president of @properties Commercial, represented the landlord, a local partnership with investments in West Loop commercial real estate. James Ascot, managing broker of Ascot Realty Group, Inc. represented the tenant.

“Chicago is a key market for FIAT Cars of North America, and FIAT of Chicago is expected to soon become the largest planned sales volume dealer in the Midwest,” said Carmen Scalzo, vice president and general manager of Fiat of Chicago.


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