Chicago Real Estate Office Celebrates Opening Of Its Commercial Real Estate Division

Chicago real estate office RE/MAX Superior Properties, located at 10880 Highway 47 in Huntley, Ill., celebrated the opening of its new commercial real estate division on June 11. More than 150 guests attended the ribbon cutting and open house that ran from 3 to 8 p.m. The event also featured live entertainment and a raffle.

Establishing a commercial division at the office is one of the first initiatives being undertaken by broker/owner Anthony Bellino, who acquired the office earlier this year. In addition to 20-plus years of residential experience, he has been working with commercial properties for more than 15 years.

“In our view, the Huntley area is on the verge of a period of significant expansion of its commercial infrastructure, particularly retail properties,” said Bellino. “The Route 47 corridor is clearly going to be the next focus of growth in Kane and McHenry counties, especially once the interchange at I-90 is expanded. The Huntley area has seen a great deal of residential development in the last decade, so it is only logical to anticipate a burst of commercial development in the next few years.”

He noted that with an ample supply of vacant land west of Route 47 and local planning by Huntley officials well advanced, responsible commercial development is likely to meet few obstacles.

According to Bellino, another important factor will play a role in the success of the new commercial division of RE/MAX Superior Properties.

“The RE/MAX organization over the last year or two has launched a major initiative to develop a presence in the commercial real estate arena that is separate from, but comparable to, its established position in the residential market,” he said. “RE/MAX has developed new signage and a separate commercial Web site along with other tools specifically for commercial real estate, and our commercial division will make full use of those tools and more.

For example, RE/MAX Superior Properties will be linked to such established commercial real estate tools as CoStar, which provides a variety of data about commercial real estate, and LoopNet, the online commercial listing service. Bellino recently added a new agent, Ken Fishleigh, specializing in commercial property and is interviewing others to staff the new division.

“Our timing is perfect for providing expanded commercial real estate services to the Huntley area,” he said. “I’m excited at the prospect of what we can accomplish.”