Mccaffery Brings The Lovesac Company to West Loop Hotspot and Suburban Shopping Center
McCaffery’s tenant representation services secure The Lovesac Company’s two newest locations, at 911 West Randolph Street in Chicago’s West Loop, and 302 Commons Drive, Suite 2080 at the Geneva Commons in Geneva, Illinois. Both are expected to open by year-end 2020.
“We helped bring Billy Reid to Randolph Street in 2015, and in the years since, retailers from Louis Vuitton to Lululemon have come to the West Loop and seen great success. I see Lovesac fitting very well into this increasingly diversifying neighborhood,” says Dan McCaffery, CEO of the development firm.
The direct-to-consumer home furnishing brand’s 1,732 square foot space in the West Loop is situated on one of the most coveted streets in the neighborhood, often referred to as Chicago’s “Restaurant Row,” surrounded by Michelin-star dining and boutique shopping. Visitors will find Kristin Cavallari’s Uncommon James, Warby Parker, and McCaffery repped tenant, Billy Reid, just next door. Two blocks away from the Morgan Green Line stop, and less than one block from the McDonald’s headquarters and Soho House, Lovesac is ideally positioned in Chicago’s hottest neighborhood for young professionals.
Lovesac will occupy 2,500 square feet at Geneva Commons, a lively shopping center comprised of more than 50 stores and restaurants in Chicago’s western suburb of Geneva. Geneva is a charming and community-oriented suburb, located just north of Naperville and an hour outside of Chicago.
“We are excited to be opening two new showrooms in Chicagoland, as we continue to expand our showroom footprint and grow the Lovesac brand. We look forward to continuing to help people reduce their ecological footprint by developing products that are built to last a lifetime, and are designed to evolve with the customer, provide long-term utility and ultimately reduce the amount of furniture discarded into landfills,” said Shawn Nelson, CEO & Founder.
ABOUT MCCAFFERY
McCaffery 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 30 years. The McCaffery 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, D.C., Denver, and Pittsburgh, and controlled assets and completed developments valued in excess of $3 billion, McCaffery is one of the most trusted real estate companies in the nation. Please visit www.mccafferyinterests.com for more information.
About The Lovesac Company
Based in Stamford, Connecticut, The Lovesac Company is a direct-to-consumer specialty furniture brand with approximately 90 retail showrooms supporting its ecommerce delivery model. Lovesac's name comes from its original Durafoam™ filled beanbags called Sacs. The Company derives a majority of its current sales from its proprietary platform called Sactionals, a washable, changeable, reconfigurable, and FedEx-shippable solution for large upholstered seating. Founder and CEO Shawn Nelson's "Designed for Life" philosophy emphasizes sustainable products that are built to last a lifetime and designed to evolve with the customer's needs, providing long-term utility and ultimately reducing the amount of furniture discarded into landfills.
With the current COVID-19 situation, Lovesac is committed to the health and safety of our customers and Associates. We are continuing to monitor local guidelines and health information and making significant enhancements to the showroom environment and operations to prioritize these initiatives through enhanced cleaning measures, social distancing and PPE. More information can be found on lovesac.com/showroom-reopening.
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