Representative Photo EXCLUSIVE OFFERING | Saks Inc. Guarantee | Zero Cash Flow | 7+ Years 1995 Southlake Mall | Merrillville, IN 46410 EXCLUSIVELY LISTED BY: Brandon Hanna Managing Partner 248.702.0290 [email protected]Ryan Vinco Managing Partner 248.702.0299 [email protected]Brent Hanna Associate Advisor 248.702.0293 [email protected]
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[email protected][email protected] …images2.loopnet.com/d2/BTzEYOv-xZVjA7Pd2FpuRW1oMkVazqll_EqaHjTqRj0/document.pdfestate nationally, totaling over 700 transactions. We have
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Representative Photo
EXCLUSIVE OFFERING | Saks Inc. Guarantee | Zero Cash Flow | 7+ Years
1995 Southlake Mall | Merrillville, IN 46410
EXCLUSIVELY LISTED BY:
Brandon Hanna Managing Partner 248.702.0290 [email protected] Ryan Vinco Managing Partner
1995 Southlake Mall | Merrillville, IN 46410 www.encorereis.com
TENANT SUMMARY
Carson's (formerly Carson Pirie Scott and Co.) is an American chain of upscale department stores located primarily in the Mid-western United States, with over 50 stores under the nameplate.
The Carson Pirie Scott name is strongly associated with the historic
Carson, Pirie, Scott and Company Building designed by Louis Sulli-
van, built in 1899 for the retail firm Schlesinger & Mayer, and ex-
panded and sold to Carson Pirie Scott in 1904.
The chain began in 1854 when Scotsmen Samuel Carson and John Pirie first clerked in the Murray's dry goods store in Peru, Illinois - then opened their own store in LaSalle, Illinois followed by one in Amboy, Illinois. In 1871, the Great Chicago Fire destroyed 60% of the store's stock. In 1961, Carson Pirie Scott & Co. greatly expanded in Illinois by purchasing the 20 unit Block & Kuhl chain headquar-tered in Peoria, Illinois.
In 1980, to diversify its business, Carson Pirie Scott & Co. borrowed $108 million to buy Dobbs Houses, Inc., an airline caterer and owner of the Toddle House and Steak 'n Egg Kitchen restaurant chains. These were sold in 1988, as was the County Seat clothing chain.
In 1989, Carson Pirie Scott & Co. was acquired by P.A. Bergner & Co.
(founded in Peoria, Illinois), who operated the Bergner's, Charles V.
RELATIONSHIP DRIVEN • RESULTS ORIENTED Encore Real Estate Investment Services is dedicated to assisting clients in the acquisition and disposition of net leased and multi-tenant retail properties across the United States. We
provide advisory and brokerage expertise with the highest level of commitment and attention to detail, which ensures a higher assurance of closing and a faster turnaround time as
each client is assisted and advised on strategic exit and entrance strategies aimed at achieving their investment goals.
Led by Principals Brandon Hanna and Deno Bistolarides, our team of distinguished brokers has evaluated, listed, sold and marketed over $5 Billion dollars’ worth of investment real
estate nationally, totaling over 700 transactions. We have a combined track record of investment real estate sales experience spanning 50 years. Through this experience, we continue
to execute transactions on behalf of some of the most prominent developers, institutions, and private investors in the industry. As such, we continue to build long-term relationships
with the leaders in the investment community and grow our global database of investors and developers, which enables us to provide our clients with real estate investment services
that are unmatched in the industry. We are results oriented – our advisors all have a shared vision of excellence and a commitment to ensuring we are meeting our client’s needs above
all else.
The information contained herein is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Encore Investment Real Estate Services, LLC and should not be made available to any other person or
entity without the written consent of Encore Investment Real Estate Services, LLC . The information has been prepared to provide summary, unverified information, and to establish only a preliminary level of understanding of market
conditions. The information contained herein is not a substitute for a thorough due diligence investigation. Encore Investment Real Estate Services, LLC has not made any investigation, and makes no warranty or representation, with respect
to the information contained herein. This information has been obtained from sources we believe to be reliable; however, Encore Investment Real Estate Services, LLC has not verified, and will not verify, any of the information contained
herein, nor has Encore Investment Real Estate Services, LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.