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United States of America

  • In greater Chicago, from balance sheet, IM have funded to completion 450,000 square feet of prime supermarket developments. These have been completed since spring 2011 for Mariano’s Fresh Market. These 6 stores have been in the vanguard of a phenomenally successful opening program for the push by parent retailer Roundy’s Supermarkets Inc. to develop their upscale platform in Chicago.
  • 2016 will see the completion and opening of a further 3 Mariano’s in Naperville, Westmont and Orland Park, taking our program to 9 stores in total and some 675,000 square feet.
  • Mariano’s are scheduled to have 34 stores trading in greater Chicago by the end of 2015 and 39 by the end of 2016 with annualized sales in the region of $2bn
  • Working with our Chicago development partner, Bradford Real Estate, the program continues into 2016
http://www.bradfordchicago.com/
  • Brookfield, Wisconsin – Milwaukee MSA, a premium Lifestyle Center development
  • At 750,000 square feet, developed on 19 acres and scheduled to open in Q1 of 2017, the Corners of Brookfield represents our biggest single investment in the United States to date
  • Anchored by a 140,000 square foot Von Maur Department Store and 31,000 square feet Sendiks Food Market
  • 270,000 square feet across 60 + storefronts of High Street retail and restaurants
  • 244 Apartments
  • 1700 parking spaces
  • Impressive Interstate presence to I-94 and the Bluemound Road Retail Corridor
    • Construction began Spring 2015
    • Development being undertaken In partnership with Bradford Real Estate
    • Von Maur began construction September 2015
    • General Contractor Pepper Construction of Chicago and Tri-North of Wisconsin

Click Here to Download IM Bradford Brochure

Our Strategy is to continue equity participation in larger retail projects, thus securing;

  • Class A Construction,
  • New long term leases,
  • Prime locations with vibrant innovative brands.

Lasting relationships with our partners, retailers and advisory team are integral to our strategy of reliably delivering a pipeline of institutional quality product.

REQUIREMENTS

Scale of development is important to IM. Our substantial balance sheet and growing confidence and reputation for delivery in the US enables us to consider a wide variety of opportunities from Single Tenant big box retail to Shopping Centers and mixed use projects.

  • Single Tenant or larger Grocery anchored projects
  • Urban and downtown retail with residential components on upper floors
  • New or stalled retail/mixed use projects which require the confidence of equity to kick start them; 150,000 – 750,000 sq feet +
  • Existing cash flowing shopping centers with repositioning opportunities in the short to medium term
  • Well located land; urban, or suburban sites capable of securing retail and mixed use entitlement


Markets of interest include:

  • Chicago
  • Major Mid-West markets
  • Dallas/Fort Worth and Houston, Texas

Most of all; we want relationships with people that will last. Whether it is relationships with retailers, developers, our banks, professionals or municipalities, IM is looking for the next development and repeat business. We bring financial strength, pragmatism and experience which add deliverability to the development process