Chicago — This Whole Foods is one of the largest and highest-producing Whole Foods stores in the United States.
HFF has arranged a $34 million refinancing for Chicago’s Shops at Kingsbury Square, a Class A retail center anchored by a national flagship Whole Foods. Working on behalf of CRM Properties Group Ltd., HFF placed the 15-year, fixed-rate loan with State Farm Life Insurance Company. HFF will also service the loan. The Shops at Kingsbury is located on 3.15 acres three blocks west of the North and Clybourn Avenues and Halsted Street intersection in northern Chicago. This Whole Foods is one of the largest and highest-producing Whole Foods stores in the United States. The 100 percent-leased center was completed in 2009. Daniel Kaufman, managing director, and James Conley, real estate analyst, led the HFF team representing the borrower.