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Hoffmann Commercial Real Estate Dominates Chicago’s North Shore with Largest Property Holdings

September 3, 2024

Chicago, IL (September 3, 2024) — Hoffmann Commercial Real Estate (HCRE), a subsidiary of HF Companies, has further strengthened its position as the largest commercial real estate owner in Chicago’s North Shore with its latest acquisitions.

The Company Expands its Portfolio to Over Thirty Properties Spanning from Wilmette to Lake Forest

Today, HCRE announced the purchase of two premier properties: 1114 and 1116 Central Ave. in Wilmette, Illinois. This follows the recent acquisition of 64 Green Bay Rd. in Winnetka, Illinois. With these strategic additions, HCRE now boasts ownership of over thirty prime properties spanning from Wilmette to Lake Forest, primarily situated in vibrant downtown areas and key shopping districts.

Hoffmann Commercial Real Estate is a rapidly growing company with a diverse portfolio that includes retail, commercial/office, multi-family housing, industrial and land in development. The organization consistently transforms and maintains properties to a Class “A+” standard, and its portfolio now exceeds $1 billion.

In June 2024, HF Companies' Osprey Capital completed the acquisition of Oberweis Dairy, a beloved Illinois-based brand known for its iconic milk, ice cream and home delivery service. Building on this momentum, HCRE plans to transform 1114 Central Ave. into a new Oberweis retail location, further driving growth and enriching the local community.

"We are thrilled to expand our presence in Chicago's North Shore with these strategic acquisitions," said Greg Hoffmann, Principal & CEO of Hoffmann Commercial Real Estate. "Our goal is to invest in and enhance these vibrant communities, providing premier commercial spaces that support local businesses and contribute to the area's financial growth. This expansion underscores our commitment to the North Shore and our confidence in its potential for continued prosperity."

HCRE continues its expansive growth, with a portfolio comprising stabilized and value-added properties in strategic locations nationwide. The firm has plans for future investments both domestically and internationally.

Currently, HCRE's portfolio includes properties in California, Canada, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Pennsylvania, Tennessee, Texas and Wisconsin.

About Hoffmann Commercial Real Estate
Hoffmann Commercial Real Estate (HCRE), a subsidiary of HF Companies, is a premier real estate investment and development firm specializing in the acquisition, management and redevelopment of commercial properties. With a diverse portfolio that spans stabilized and value-added assets, HCRE is committed to enhancing the communities in which it operates through thoughtful development and superior property management. HCRE's strategic investments are focused both within the United States and internationally, reinforcing its position as a leader in the commercial real estate industry. For more information, visit www.hoffmanncre.com.

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