Heartland Dental Purchases Land at Tucker Development’s Huntley Grove Shopping Center
Dental Organization Acquires parcel at Tucker’s Huntley Grove Shopping Center
Tucker Development, a leading fund manager and developer of shopping centers and mixed-use properties, today announced the sale of approximately 1.45 acres of land to Heartland Dental at the Huntley Grove Shopping Center, in Huntley, Illinois.
Situated in one of suburban Chicago’s most desirable communities, Huntley Grove Shopping Center is located at the junction of Route 47 and Kreutzer Road. Anchored by a Walmart Super Center, the 350,000-square-foot shopping center boasts an all star tenant roster, including McDonald’s, AutoZone, ATI Physical Therapy and AT&T.
“Heartland Dental is a world-class organization, and our Huntley Grove Shopping Center serves as an ideal location for one of their Chicago-area offices,” said Richard Tucker, CEO of Tucker Development. “The organization was attracted to both the rapid growth of Huntley and the prominence of the shopping center, its accessibility, and its strong anchor in Walmart. We’re very pleased that they are joining the Tenant roster at Huntley Grove and look forward to a long, mutually beneficial relationship with them.”
Heartland Dental manages administrative tasks for dental offices, recruits qualified dentists, and provides educational programs for dentists. The firm is affiliated with more than 500 dental practices and has received numerous industry accolades in recent years, including recognition on the Inc. 5000 list.
The western Chicago suburb of Huntley is among the region’s fastest growing communities. The town, which saw its population quadruple from 2000 to 2010, is located approximately 50 miles west of Downtown Chicago.
Andrew White represented Tucker Development in-house. Heartland Dental was represented by Steven Pilafas of Great Street Realty Partners.
About Tucker Development
Tucker Development, founded by Richard H. Tucker in 1996, is a leading developer and manager of shopping centers and mixed-use properties in key Midwest and East Coast barrier-to-entry markets. The company pursues mixed-use and retail-related real estate investments that provide an opportunity to enhance value through development, redevelopment, repositioning and recapitalization. Tucker Development Corporation’s development, management and leasing portfolio exceeds five million square feet and continues to grow through the company’s development and acquisition activity.
For more information on Tucker Development, visit www.tuckerdevelopment.com.