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Hoffmann Commercial Real Estate Expands Portfolio, Securing New Store Locations for Oberweis Ice Cream & Dairy

December 23, 2024

Winnetka, IL (Dec. 23, 2024) — ​​Hoffmann Commercial Real Estate (HCRE), part of the Hoffmann Family of Companies, is proud to announce the acquisition of 10 new properties and one new property under contract. Nine of the newly acquired properties are current Oberweis Ice Cream & Dairy Store locations being purchased from the Oberweis family, with the tenth — 510 Winnetka Avenue — set to become a new store location.

With Two Additional Winnetka Properties Under Contract, HCRE Continues to Solidify Its Role as the Largest Landlord in the Region

These strategic acquisitions reinforce HCRE’s ongoing commitment to Oberweis, securing these properties as long-term assets and supporting the brand’s expansion across the country with new store locations.

“We are thrilled to announce our latest acquisitions and the new Oberweis ice cream store location in Winnetka,” said Greg Hoffmann, Principal & CEO of HCRE. “This milestone further enhances the national expansion of Oberweis Ice Cream and supports the growth of this iconic brand. It also represents a positive step forward for the communities involved.”

The newly acquired locations are:

  • 510 Winnetka Ave, Winnetka, IL 60093 (new Oberweis Ice Cream & Dairy Store location coming soon!)
  • 925 S Route 59, Bartlett, IL 60103
  • 338 W. Army Trail Road, Bloomingdale, IL 60108
  • 2105 N. Veterans Parkway, Bloomington, IL 61704
  • 4568 & 4590 Telegraph Road, Oakville, MO 63129
  • 1816 Highway K, O’Fallon, MO 63366
  • 7202 W. 159th Street, Orland Park, IL 60462
  • 1735 Algonquin Road, Rolling Meadows, IL 60008
  • 30 S. Roselle Road, Schaumburg, IL 60193
  • 1790 West Main Street, St. Charles, IL 60174

In addition, HCRE is under contract to acquire 530 Winnetka Avenue, further expanding its presence in the area. These acquisitions strengthen Hoffmann's position as the largest landlord in Winnetka and underscore its continued investment in the community.

Greg Hoffmann added, “With our contract to acquire 530 Winnetka Avenue, we are excited to further enhance the area and continue supporting the businesses and residents that make Winnetka such a remarkable area.”

HCRE’s diverse portfolio features retail, commercial and office spaces, multi-family housing, industrial properties and land under development. Dedicated to upgrading each property to a Class “A+” standard, HCRE’s portfolio is valued at over $1 billion.

HCRE is experiencing rapid growth, building a portfolio that includes both stabilized and value-added assets in prime locations across the country. 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 the Hoffmann Family of 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 Hoffmanncre.com.

About Hoffmann Family of Companies
Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands, and employs 16,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate, and Transportation.

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