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Next Realty Affiliate Acquires Former Bank Facility Outlot in Barrington

In a strategic acquisition, an affiliate of Next Realty acquired the vacant outlot parcel located at 550 N. Hough Street, adjacent to The Shops at Flint Creek Shopping Center in northwest suburban Barrington.

The property is situated at the entrance of The Shops of Flint Creek and has over three hundred linear feet of unobstructed visibility on Hough Street, where there is an estimated average daily traffic count of 14,300 vehicles per day. Given the location and demographics of the immediate area, restaurants, and professional services businesses such as medical office users are among the logical categories for prospective tenants.

The appeal of the outparcel is enhanced by its connection to The Shops at Flint Creek, a 60,000-square-foot center anchored by Heinen’s Fine Foods (the first Heinen’s in Illinois) with additional tenants that include Athletico, Amita Health, Meatheads, Club Pilates, and Coldwell Banker.