Long-established, family-owned commercial real estate firm known for its mixed-use and retail development throughout the Midwest and East Coast
CHICAGO (Aug. 19, 2019) – Tucker Development today announced it has relocated its headquarters from the northern suburb of Highland Park, Ill., to 954 W. Washington Blvd. in Chicago’s Fulton Market. The family-owned commercial real estate firm, known for its mixed-use and retail developments, has officed in the Fulton Market building since 2016 and, as part of the relocation, will substantially expand its footprint to accommodate the corporate headquarters.
“We’ve had a presence in this dynamic neighborhood for some time now, both with our existing office space and through 900 West, our mixed-use development on the 900 West Block of Randolph St.,” said Richard Tucker, founder and CEO of Tucker Development. “The move to Fulton Market after being in Highland Park for 23 years marks a very exciting next chapter for our firm.”
It’s also hard to overlook that the influx of employers such as Google, McDonald’s, and countless others, has made Fulton Market an epicenter of real estate development in downtown Chicago, noted Aaron Tucker, chief investment officer of Tucker Development. “That momentum, together with our growing portfolio of city projects under management and development, made now the ideal time to concentrate our operations in this central location,” he said.
Since its inception in 1996, Tucker has developed more than 5 million square feet of real estate throughout the Midwest and East Coast, including 900 West in Fulton Market. Completed in 2017, the adaptive reuse of 10 historic buildings into retail and office space has attracted leading brands including lululemon, Bluemercury, Bonci Pizzeria, Kinton Ramen, Jeni’s Splendid Ice Creams and Independence menswear boutique.
The firm is currently developing several mixed-use properties, featuring both residential and retail uses, including an additional Fulton Market development adjacent to 900 West, District 1860, a project at the intersection of Lincoln and Touhy avenues in Lincolnwood, as well as two former Sears sites at North and Harlem avenues, straddling the border of Chicago and Elmwood Park, and at the Six Corners intersection in the Portage Park neighborhood of Chicago.
Tucker will continue to manage its former headquarters building in Highland Park, where the company has been based since completing it in 2006.
For more information on Tucker, please visit the firm’s new website at www.tuckerdevelopment.com.
About Tucker Development:
Founded in 1996, Tucker Development is a family-owned real estate firm specializing in the investment, development and management of retail and mixed-use properties throughout the Midwest and East Coast. From its origins as a developer of horizontal retail properties, Tucker has diversified into additional sectors, including office and residential, while undertaking larger vertical, urban-infill projects, often with a combination of uses. Tucker utilizes its time-tested development, redevelopment, repositioning and recapitalization strategies to target value-add investments that, in addition to achieving desired returns, are designed to complement and strengthen their surrounding neighborhoods. To date, Tucker has acquired and developed more than 5 million square feet of real estate valued in excess of $1 billion.
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