{"id":1004234762,"date":"2018-06-13T22:53:44","date_gmt":"2018-06-14T06:53:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004234762"},"modified":"2022-12-08T15:06:40","modified_gmt":"2022-12-08T23:06:40","slug":"westwood-acquires-chicago-amazon-anchored-store","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/westwood-acquires-chicago-amazon-anchored-store\/","title":{"rendered":"Westwood Acquires Chicago Amazon-Anchored Store"},"content":{"rendered":"<div id=\"attachment_1004234764\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/2200-N.-Sheffield-Ave.-Chicago1.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004234764\" data-attachment-id=\"1004234764\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/westwood-acquires-chicago-amazon-anchored-store\/2200-n-sheffield-ave-chicago1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/2200-N.-Sheffield-Ave.-Chicago1.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2200 N. Sheffield Ave., Chicago\" data-image-description=\"&lt;p&gt;2200 N. Sheffield Ave., Chicago&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;2200 N. Sheffield Ave., Chicago&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/2200-N.-Sheffield-Ave.-Chicago1.png?w=800\" class=\"wp-image-1004234764 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/2200-N.-Sheffield-Ave.-Chicago1.png\" alt=\"2200 N. Sheffield Ave., Chicago\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/2200-N.-Sheffield-Ave.-Chicago1.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/2200-N.-Sheffield-Ave.-Chicago1.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/2200-N.-Sheffield-Ave.-Chicago1.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004234764\" class=\"wp-caption-text\">2200 N. Sheffield Ave., Chicago<\/p><\/div>\n<p>Westwood Financial Corp. has acquired an Amazon-anchored retail store in Chicago\u2019s Lincoln Park neighborhood. The 2,800 square-foot boutique is located at the ground floor of a mixed-use building on the southwest corner of Webster and Sheffield Avenues.<\/p>\n<p>The asset benefits from strong demographics, with a population of more than 500,000 within a 3-mile radius and an average household income of more than $115,000. A part of it\u2014approximately 3,000\u2014are university students who live on campus.<\/p>\n<p>The store is located at 2200 N.\u00a0Sheffield Ave., across the street from DePaul University and adjacent to the Armitage and Halsted Shopping district, which consists of approximately 100,000 square feet of retail space. Some of the businesses operating nearby are Bonobos, Warby Park, MAC, L\u2019Occitane and Lululemon.<\/p>\n<p>\u201c<em>Westwood\u2019s acquisition of the Lincoln Park Amazon retail store is representative of not only our desire to increase our urban Chicago footprint, but, more importantly, it is indicative of the convergence between online and brick-and-mortar retail and the importance of last mile distribution,<\/em>\u201d said Westwood\u2019s CEO Joe Dykstra, in a prepared statement. Last month, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/westwood-financial-acquires-az-ga-retail-centers\/\">spent $66.2 million<\/a> on two Sprouts-anchored shopping centers in Chandler, Ariz., and Decatur, Ga.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2,800-square-foot retail space is located at the ground floor of a mixed-use building featuring three stories of luxury residential units.<\/p>\n","protected":false},"author":242,"featured_media":1004234764,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,13,21742,21749],"tags":[37482,40656,36011],"class_list":["post-1004234762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-midwest","category-latest","category-retail","tag-amazon","tag-lincoln-park","tag-westwood-financial-corporation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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