News


Evanston-Based Fara Commercial Brokerage Merges Operations Into @properties Commercial

@properties, Chicago’s leading brokerage firm, eyes commercial growth in key north-suburban market with merger

CHICAGO, June 21, 2017 – Chicago-based @properties recently announced that Evanston-based Fara Commercial Brokerage has merged its operations into @properties Commercial. @properties co- founders, Mike Golden and Thad Wong, along with Fara Commercial Brokerage President, Edward Schwartz, and Consulting Principal, John Consalvi, made the announcement.

The merger gives @properties Commercial increased brand presence and market share in Chicago’s northern suburbs, including Evanston, Skokie and the North Shore. Meanwhile, Schwartz says that Fara will benefit from @properties’ award-winning marketing programs and industry-leading technology.

Fara Commercial Brokerage is now Fara Commercial Group, will be a sub-brand within @properties Commercial, and will continue to work out of its existing office at 1740 Ridge Avenue in Evanston.

“The northern suburbs are a strong but under-served commercial market. We see this merger as a great opportunity to better serve tenants, landlords, owner/operators and investors,” said Dan Stratis, Vice President and Managing Broker for @properties Commercial.

“As our business continues to grow, we recognize the need for innovative tools and resources that will give our clients a competitive advantage and attract top talent to our brokerage team. With

@properties, we gain the infrastructure of Chicago’s #1 real estate firm while still maintaining a boutique, independent feel,” said Schwartz.

Established in 2011 by Schwartz and Consalvi, Fara Commercial Group provides commercial real estate sales, leasing, business advisory and consulting services on Chicago’s North Shore and in surrounding communities. Recent transactions include:

  • A lease for 2,380 square feet of office space at 847 Chicago Ave., in Evanston, a Class A, LEED- certified, mixed-use building inclusive of retail, office and apartments. Fara represented the building owner.
  • The $1,275,000 sale of 1611 Church St., a 12,990-square-foot industrial building in Evanston. Fara represented the building owner.
  • A lease for 3,900 square feet of industrial space at 1310 Sherman Ave. in Evanston. Fara represented the building owner.

About Fara Commercial Group

The Fara Commercial Group is a commercial real estate firm based in Evanston, Illinois providing sales, leasing, tenant representation, business advisory and consulting services for the Chicago metro area. For more information contact Ed Schwartz at 847-570-0668.

About @properties Commercial

@properties Commercial is a full-service Chicago commercial real estate firm offering leasing and sales, property management, investment-advisory services, auction services, and special-asset services for distressed and REO properties. For more information, visit http://www.atproperties.com/commercial.


Ed Schwartz to Present at The Rooftops Conference Chicago on February 10, 2017

The Rooftops Conference Chicago 2017, to be held on Friday, February 10th at Loyola University Chicago School of Law, is an initiative providing real estate programs, workshops and resources for not-for-profit organizations.

The Conference is a forum for meaningful discussion and also a chance to interact with peers in the social sector and the real estate industry. Ed Schwartz, President and Managing Broker of Fara Commercial Group, will be representing the real estate industry as a panelist.

Panelists from the not-for-profit sector and the real estate industry will explore themes illustrating how not-for-profit executives, staff, and board members can collaborate in addressing real estate and space needs in achieving their organizations’ core objectives.
For more information, contact the Center for Real Estate Studies at 212-431-2306 or click here.


Fara Commercial Group Completes Sale of Evanston Industrial Property

Fara Commercial Group has completed the sale of 1611 Church Street in Evanston, Illinois, a 12,990 square foot warehouse/office building. Ed Schwartz, President and Managing Broker for Fara Commercial Group represented the building ownership.

“1611 Church Street is one of the very few available warehouse spaces in Evanston. This property offers a unique blend of warehouse and office space, in addition to a 30-car parking lot that meets needs of the new owners,” said Schwartz. “We are pleased to connect the business and property owners to help them reach their respective goals.”

Originally built in 1931 as the Bowman Dairy Production Facility, the property offers over 6,000 square feet of warehouse space, clear-span space with bow truss roof sections, two overhead doors, multiple work spaces, offices and skylights throughout.

For additional information, contact Ed Schwartz at Fara Commercial Group, 847-570-0668 or ed@farabrokerage.com.

For property details click here.


Fara Commercial Group Completes Sublease of West Loop Office Suite

Fara Commercial Group is pleased to announce the completed sublease of 850 W. Jackson Boulevard in Chicago, a 2,000 square foot office suite in Chicago’s West Loop neighborhood. Ed Schwartz, President and Managing Broker of Fara Commercial Group, represented a large, national healthcare staffing company in subletting the space.

“850 W. Jackson Boulevard, is a beautiful, fourth floor office space located in excellent location. We were pleased to offer this move-in ready space at a competitive lease rate,” said Schwartz.

For additional information and property details: click here.


Fara Commercial Group Pleased to Announce the Completed Lease of Chicago Retail Property

Fara Commercial Group has completed the lease of 6416 N. Lehigh Avenue in Chicago, a 1,250 square foot storefront building in the Edgebrook neighborhood. The commercial real estate services firm’s Evanston, Illinois-based Peter Theodore, Associate Business Advisor for Fara Commercial Group represented the building ownership.

The property is the new home to the Habano Cigar Lounge, a cigar shop selling a large variety of hand-rolled cigars and accessories. Indoor seating is available for smokers and special events are offered frequently.

“6416 N. Lehigh is attractive as a retail location with a large parking lot and great visibility from Devon Avenue,” said Theodore. “We are pleased to connect these business and property owners and help them to begin a long, beneficial relationship.”

For detailed property information: click here.


Fara Commercial Group Sells Masonic Lodge in Evanston
Evanston, IL – Fara Commercial Group is pleased to announce that Ed Schwartz, President & Managing Broker and Alan Goldberg, Senior Commercial Advisor, have completed the sale of the prominent, two-story, 8,400 square foot commercial building located at 1229 W. Emerson Street in Evanston, Illinois. Schwartz and Goldberg of Fara Commercial Group represented the Seller, a private living Trust Estate.  Read more…


Open Doors Organization Leases 1,900 SF in Chicago
Chicago, IL – Fara Commercial Group is pleased to announce that the Open Doors Organization has leased approximately 1,900 square feet at 8623 W. Bryn Mawr Avenue in Chicago.

The Open Doors Organization (ODO) is a 501(c)(3) non-profit organization whose focus is on creating a society in which all persons with disabilities have the same consumer opportunities as everyone else. They aspire to teach businesses how to succeed in the disability market, while simultaneously empowering the disability community. Through social action and research, ODO seeks to improve the quality of life for people with disabilities.


Heartland International Healthcare Center to Build Health Center in Rogers Park
Chicago, IL – Fara Commercial Group participated in the sale of six lots totaling 43,286 square feet at 1300 West Devon Avenue in Chicago.

Heartland International Healthcare Centers is a federally qualified health center organization serving Chicago’s north side. They service the entire community – the uninsured as well as those who have Medicaid, Medicare, or private insurance. They offer free interpretation services in over 35 languages and ensure that care is provided in a culturally competent way. Their current sites include four community health centers, four school based health centers, and two sites co-located with agencies providing mental health and substance abuse services.


Agate Publishing, Inc. Purchases 2,400 SF Property in Evanston
Evanston, IL – Fara Commercial Group is pleased to announce the sale of 1326 Greenleaf in Evanston, Illinois.

Agate ProBooks creates customized proprietary content for schools and other institutions.


Fara Commercial Group Sells a 60-Unit Residential Property in Wilmette
Wilmette, IL – Fara Commercial Group proudly announces the sale of 60 units in Wilmette, Illinois.


Bottle & Bottega of Evanston to Lease 2,200 SF in Evanston
Evanston, IL  – Fara Commercial Group announced today that Bottle & Bottega has signed a lease with Meifa LTD. for 2,200 square feet at 1016 Davis Street in Evanston, Illinois.

Bottle & Bottega facilitates interactive art and entertainment programs and events.


Housing Opportunities for Women to Lease 6,650 SF in Chicago
Chicago, IL  –  Housing Opportunities for Women (HOW) will lease an additional 6,650 square feet on the third floor of 1607 W. Howard, expanding from the 9,700 square feet they already occupy on the second floor.

HOW is at the forefront of a national movement to end homelessness in Chicago and across the nation through a holistic approach.


Palatine Park District Purchases 11.79 Acre Property in Palatine
Palatine, IL – Fara Commercial Group proudly announce that the Palatine Park District has purchased nearly twelve acres at 1502 W. Northwest Highway in Palatine to create Meadowland Park.

The Palatine Park District is a separate municipal governing agency established for the purpose of providing parks, facilities and recreational programs for the community.


Fara Commercial Group Facilitates Lease Renewals in the Fara Building in Evanston
Evanston, IL – Fara Commercial Group represents ownership in renewal of thirteen tenant leases and maintains full occupancy at 1740 Ridge Avenue in Evanston. Tenants include Womencare Counseling Center and Squash Pro Shop.