New Vision For The Promenade Bolingbrook Begins

BOLINGBROOK, IL — Rhino Investments, which recently acquired an interest in The Promenade Bolingbrook, has partnered with Brookline Real Estate Partners for a new vision for the open-air shopping center.

"This collaboration brings together Rhino’s investment expertise and Brookline’s proven track record in leasing and redevelopment," a release from Brookline states. "With over $150 million in completed mixed-use and retail projects and over 6 million square feet leased across the Midwest, Brookline specializes in creating long-term value through targeted leasing strategies and asset repositioning."

Brookline's leasing and development team is led by Kelsey Gross, Brad Ratajczak, and Andrew Balzer, "and leverages their decades of experience working with owners, tenants, and municipalities across the Midwest to generate value across a variety of retail asset types, with a focus on underperforming centers," according to Brookline.

The Brookline team also led the planning and execution of the new Block 59 in Naperville, which is now under construction.

Brookline will oversee leasing and lead a new vision for The Promenade Bolingbrook, focusing on curating a refreshed mix of retail, service, restaurants, and experiential offerings, a release states.