Park 150
Ravine Park Partners, in partnership with Legacy Varin Property Management, purchased 215 luxury condominiums from the individual owners and collapsed the association creating 1 property. Currently, the plan is to renovate the property, add and update amenities, and renovate the apartments. New amenities will include: Welcome Lounge, Cyber Café, 2 levels of state of the […]
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Falls at Pike Creek
The Falls at Pike Creek was purchased by Ravine Park Partners , in partnership with Legacy Varin Property Management, in December 2019. The Property consists of 85 apartment units and 5.03 acres of land located in Kenosha, Wisconsin. Excess land to be developed in the near future. www.thefallsatpikecreek.com […]
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Hawthorn Apartments
Hawthorn Apartments, developed in partnership with Legacy Varin Property Management, located at 12th Street and State Highway 31 in Somers, WI, consists of 241 luxury apartments. It offers a state-of-the-art 8,000 square foot clubhouse including a 1,500 square foot fitness center and yoga studio. Outdoor entertainment includes a swimming pool, designated grill areas, a dog […]
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Lakeview 3200
Lakeview 3200 is an eight story, mixed-use building at the corner of Clark & Belmont in Chicago’s Lakeview neighborhood. It features 29,000 square feet of retail space occupied by Target, a 40-car parking garage and 90 rental apartments. Amenities include a resident lounge, fitness center, and private outdoor deck for residents to enjoy. Ravine Park […]
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Woodview Apartments
This 248-luxury apartment building was developed by Ravine Park Partners in 2013 and delivered to market in 2015. Woodview Apartments filled an unserved niche in the market and was sold to LaSalle Investment Management in October 2016. http://www.woodviewdeerfield.com […]
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Rosemont Land
This 22-acre plot of land was purchased by Ravine Park Partners, in partnership with Development Resources, Inc., in October 2017 and is located on the NW corner of Higgins and Manheim Roads. For more information, click here […]
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Elston Avenue Land
This 6.32-acre plot of land was purchased by Ravine Park Partners, in partnership with Development Resources Inc., in November 2016 and is located on the NE corner of Augusta and Elston […]
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Barilla Pasta HQ
Formerly Nestlé’s Frozen Pizza Division This vacant 75,000 SF furniture store was purchased by Ravine Park Partners LLC in May 2010. Within two months, the building was leased long-term to Nestlé USA, Inc. Capital improvements were completed in December 2010 and included window and roof replacement, as well as a parking lot expansion. Today, the […]
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Buffalo Creek Apartments
This 154-unit apartment complex was purchased by Ravine Park Partners, in partnership with Legacy Varin Realty, in September 2011. Built in 1971, the property underwent a multi-million dollar renovation which included capital improvements to the roof, windows and doors, as well as new siding, interior renovations and an overhaul of the common areas. www.buffalocreek-il.com […]
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Georgetown Apartments
This 200-unit building, built in 1972, was purchased in 2018 by Ravine Park Partners, in partnership with Legacy Varin Realty. All units have dedicated, enclosed garages and full-size washers/dryers. The property is currently going through an extensive renovation. http://www.georgetownapartmentliving.com […]
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413 North Carpenter
Purchased in 2013, this Ravine Park Partners property consists of approximately 11,453 SF of commercial loft space on the first floor, and 10 lofted apartments with 18 ft ceilings on the second floor. The property has a 30-space parking lot and is located in Chicago’s historic Fulton Market District. Fulton Market has seen tremendous growth […]
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300 West Adams
Annenberg Investments along with Sterling Bay purchased this 252,000 square-foot, 12-story Gothic style office building with ground-floor retail in Chicago, Illinois in July 2007. The building, designed by architect Jens B. Jensen, was completed in 1927 and was extensively renovated – including upgrades to major systems and aesthetic improvements to preserve its classic Gothic architectural […]
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Park Colony Apartments
This 240-unit apartment complex was purchased by Ravine Park Partners, in partnership with Legacy Varin Realty, in May 2010. Built in 1965, the property underwent a multi-million-dollar renovation which included capital improvements to the roof, windows and doors, as well as a new clubhouse and overhaul of the common areas. As a result, the net […]
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The East Ohio Building
A 330,000-square-foot office property with a ten-story parking garage attached in Cleveland, Ohio. Montero Partners, Ltd., a company founded by Jeff Annenberg, acquired the property in January 1997, and within five months, increased the occupancy from 70% to over 95%. Base building improvements included lobby and common areas were completed. Montero Partners, Ltd., sold its […]
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Roosevelt Galleria
This 42,000 SF retail center was purchased by Ravine Park Partners LLC, in partnership with Development Resources, Inc., in June 2012 from Bank of America. The property is situated on 1.39 acres and has over 225’ of frontage along Roosevelt Road with excellent visibility from I-90/94. It underwent a multi million-dollar renovation to attract long-term […]
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The Chandler’s Building
A 25,000-square-foot office and retail building in Evanston, Illinois. Montero Partners, Ltd., a company founded by Jeff Annenberg, in partnership with Davis Street Land Company, purchased this historic-quality building in December 1998. A major renovation was completed which included new curtain wall, HVAC, lobby and common area upgrades. The property was sold in June 2017. […]
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612 South Clinton
A 132,000-square-foot, four-story office building located in the southwest loop in Chicago, Illinois. Montero Partners, Ltd., and Sterling Bay, LLC, acquired this property in October 1999 and sold it in March 2000. […]
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Pottery Barn & Williams-Sonoma
A 20,000-square-foot retail property in Naperville, Illinois. The tenants, Williams-Sonoma and Pottery Barn, took occupancy in May 1999. Montero Partners, Ltd., along with its partner Davis Street Land Company, purchased this well-located office building in June 1998 and completed a renovation in May 1999 for the tenants’ use. This building has been sold. […]
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Charles Schwab
A 6,450 square-foot building located in Northbrook, IL. This property was purchased in 2007, the original structures were demolished and the site was developed into 2 adjacent new properties. Charles Schwab took occupancy of the new building on one of the sites in the August, 2008. The property sold in 2009. […]
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North Shore University Health System
Located at 501 Skokie Blvd. in Northbrook, IL adjacent to 445 Skokie Blvd. This property was purchased in 2007, the original structures were demolished and the site was developed into 2 new adjacent properties. North Shore University Health System took occupancy of a new building on one of the sites in October, 2010. The property […]
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Green Oaks Flex Buildings
These two industrial buildings were purchased in November 2009 from Citibank, N.A. with 20% occupancy at closing. Within one year, Ravine Park Partners renovated and repositioned this asset increasing occupancy to 100%. After one year, the south property was sold, and the north property was retained, leased and managed until January 2018. […]
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3651 Commercial Avenue
A 84,000 square foot industrial building located in the Sky Harbor Business Park in Northbrook, IL. Annenberg Investment’s business partner is the tenant – A-Z Industries. […]
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2525 East Magnolia Street
Annenberg Investments purchased this 34,507 SF industrial building in Phoenix, Arizona with its business partner and tenant – A-Z Industrial. The building is minutes away from Sky Harbor Airport and Downtown Phoenix. Since it’s purchase, a new roof, new 2,000 SF office space, and T-5 energy efficient fluorescent lighting has been installed. […]
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Central Park Apartments
This 48-unit apartment building was purchased in partnership with Legacy Varin Realty and renovated by Ravine Park Partners in June 2018. This property underwent an extensive interior renovation which included faux wood flooring, stainless appliances, plumbing fixtures, lighting fixtures and new counter tops. Additional capital improvements include all new roofing, siding, windows and parking lots. […]
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