🚧 Intelligent Real Estate Investments - Hines

Philz Coffee Brewing in Lincoln Park

Hines/McCaffery welcomes San Francisco-based coffee shop to Lincoln Common

(CHICAGO) — Hines and McCaffery Brokerage officially welcome the addition of Chicago’s second Philz Coffee to Lincoln Common, the highly-anticipated mixed-use development located in the Chicago northside neighborhood of Lincoln Park. The San Francisco-based coffee shop Philz Coffee joins Velvet Taco, Kohler Waters Spa, Equinox Fitness and Athletico Physical Therapy at the 6.04-acre development, to offer guests of Lincoln Common a dynamic dining and retail experience. Philz Coffee at Lincoln Common is expected to open Q3 2019.

“Philz Coffee is a company after our own heart—the products are customized and the service is best-in-class. Residents of Lincoln Common and of Lincoln Park have a lot to look forward to with the community of retailers we’re assembling at this intersection,” said Dan McCaffery, CEO of McCaffery Interests.

Lincoln Common ties together a comprehensive group of lifestyle retailers, giving Chicagoans a hub for a whole slew of interests, from wellness to dining and shopping. Current retailers include Equinox Fitness, Kohler Waters Spa’s only Chicago location and Velvet Taco, among others. Philz Coffee’s bespoke approach to sourcing and brewing offers a more personalized coffeehouse experience for customers. The Lincoln Park location of Philz Coffee will also feature an outdoor patio space. Leasing opportunities remain at Lincoln Common; visit lincolncommon.com/leasing for additional information.

Lincoln Common, co-developed by McCaffery and Hines and designed by Skidmore, Owings and Merrill and Antunovich Associates, is located in the heart of the Lincoln Park neighborhood, near DePaul University and neighbor to the northside’s top tourist attractions. The mixed-use development is comprised of residential, office, dining, fitness and retail opportunities, making it a cornerstone of the community and exciting addition to the neighborhood’s shopping and dining scene. Visit LincolnCommon.com for full project details and renderings.

Image: McCaffery Interests

ABOUT PHILZ COFFEE

Over 25 years ago, Phil Jaber set out to make a really good cup of coffee. His passion for coffee and building community gave way to the first Philz Coffee shop on January 1, 2003 in the Mission District of San Francisco, CA. What started out as a labor of love is now a national coffee company with over 50 stores across California and Washington DC. Philz offers more than 15 unique, customized blends created by Phil. Each coffee is handcraft, to customer’s specifications, one cup at a time. Philz is known for being the originator of the Mint Mojito Iced Coffee – made with fresh mint, cream and sugar. While there are four million ways to enjoy Philz, Philz believes the best cup of coffee is one that comes to your own taste. For additional information about Philz Coffee you can visit: https://www.philzcoffee.com/our-story. Philz Coffee and Mint Mojito are registered trademarks of Philz Coffee, Inc. in the United States.

ABOUT HINES

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 214 cities in 24 countries. Hines has approximately $120.6 billion of assets under management, including $66.5 billion for which Hines provides fiduciary investment management services, and $54.1 billion for which Hines provides third-party property-level services. The firm has 128 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,348 properties, totaling over 444 million square feet. The firm’s current property and asset management portfolio includes 512 properties, representing over 223 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.

ABOUT MCCAFFERY

McCaffery Interests is a privately owned, full-service commercial real estate company that has been in the business of investing, developing, leasing, and managing real estate for nearly 30 years. The McCaffery Interests portfolio of planned, completed and managed projects exceeds 20 million square feet and includes office, mixed-use, hotel and residential properties, as well as large, master-planned communities and land developments. With offices in Chicago, Washington, DC, Denver, and Pittsburgh, and controlled assets and completed developments valued in excess of $2 billion, McCaffery Interests is one of the most trusted real estate companies in the nation. Please visit www.mccafferyinterests.com for more information.