Hobby Lobby Signs 42,997-Square-Foot Lease in Suburban Chicago

by Nate Hunter

The Woodlands — The center was 87 percent leased at time of sale.

Woodridge, Ill. —  Hobby Lobby has signed a 42,997-square-foot lease at Centerpointe of Woodridge in suburban Chicago. Centerpointe of Woodridge is a 467,247-square-foot power center located near the intersection of I-355 and 75th Street. Hobby Lobby will join other tenants such as Sam’s Club, JC Penney, Home Depot and OfficeMax in the center. Joe Parrott of CBRE assisted Equity Fund Advisors in the lease to Hobby Lobby. Hobby Lobby is an arts and crafts retailer with 590 stores across the nation.

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