McKinley, a real estate investment firm headquartered in Ann Arbor, Michigan, was recently awarded a contract for services at Charlestowne Mall in St. Charles, Illinois, one of the fastest growing and affluent areas in suburban Chicago and named one of the region’s “Top 10” cities by the Chicago Tribune.  This two-story super-regional mall, built in 1992, is developed on a 107 acre property and includes approximately 850,000 square feet of retail space.  Anchored by Carson Pirie Scott, Kohl’s, Sears, and Von Maur, Charlestowne Mall hosts some of the country’s most respected retailers including  Victoria’s Secret, Hollister, Bath and Body Works, Aeropostale, Charlotte Russe, and American Eagle.  The mall is located 35 miles west of downtown Chicago and enjoys superior accessibility from Main Street (Route 64), a primary four-lane state highway providing convenient East-West access and State Routes 25, 31, and Randolf Road providing convenient North-South access.

Midland Loan Services engaged McKinley for property management, leasing, and real estate advisory services for Charlestowne Mall.  “The opportunity to be involved in an asset of this size in the competitive Chicago-land retail environment present opportunities for McKinley to create value for its clients and customers,” said Leonard Cercone Jr., Vice President and Director of Commercial Operations.

McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $1.7 billion in assets in 103 properties for its own account and for select clientele.  This includes 17,223 apartments and 5 million square feet of commercial space located in 9 states.  Albert M. Berriz serves as Chief Executive Officer for McKinley, headquartered in Ann Arbor, Michigan.  McKinley employs 717 full-time employees nationwide.

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