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Properties

Our Properties

Franklin, Wisconsin

Clare Meadows Apartments

Waycross, Georgia

3450 Simmons

Easley, South Carolina

Alys Mill Lofts

Kenosha, Wisconsin

The Waters at Pike Creek

Lombard, Illinois

Park 150

Kenosha, Wisconsin

The Falls at Pike Creek

Somers, Wisconsin

Hawthorn Apartments

South Bend, Indiana

Georgetown Apartments

Phoenix, Arizona

2525 East Magnolia

Clinton, South Carolina

877 Torrington

Racine, WI

Central Park Apartments

Deerfield, IL

Woodview Apartments

Rosemont, Illinois

Rosemont Land

Chicago, Illinois

Elston Land

Northbrook, Illinois

885 Sunset Ridge

Chicago, Illinois

413 N. Carpenter

Chicago, Illinois

300 W. Adams

Des Plaines, Illinois

Park Colony Apartments

Cleveland, Ohio

The East Ohio Building

Chicago, Illinois

Roosevelt Galleria

Highland Park, Illinois

430 Park Avenue

Evanston, Illinois

The Chandler’s Building

Chicago, Illinois

612 S. Clinton

Naperville, Illinois

9 Jackson

Northbrook, Illinois

445 Skokie

Northbrook, Illinois

501 Skokie

Green Oaks, Illinois

Green Oaks Flex Buildings

Northbrook, IL

3651 Commercial Avenue

Arlington Heights, Illinois

1100 Central

1100 Central

Arlington Heights, Illinois
Location

Arlington Heights, Illinois

Asset Class

Medical Office

Number of Units

62,000 SF

Investment Type

Value Add

Year Purchased

2003 / 2004

Arlington Heights, Illinois

1100 Central

Annenberg Investments, in partnership with Montero Partners, purchased a four-story office building from the original developers. After an extensive renovation, the Property achieve 100% occupancy. The Property was sold in August 2004.

3651 Commercial Avenue

Northbrook, IL
Location

Northbrook, IL

Asset Class

Industrial

Number of Units

83,200 SF

Investment Type

Stabilized

Year Purchased

2004 / 2025

Northbrook, IL

3651 Commercial Avenue

Annenberg Investments purchased this building and signed a long term lease with A-Z Industries who expanded taking over the entire building. A-Z has continued to operate out of the building since the building was acquired. The Property was sold in March 2025

Green Oaks Flex Buildings

Green Oaks, Illinois
Location

Green Oaks, Illinois

Asset Class

Industrial

Number of Units

40,000 SF

Investment Type

Value Add

Year Purchased

2009 / 2018

Green Oaks, Illinois

Green Oaks Flex Buildings

Annenberg Investments, in partnership with Moyer Properties, purchased two flex industrial buildings that were 20% occupied. After the Property was renovated and repositioned, both buildings occupancy increased to 100%. The southern Property was sold in November 2010. The northern Property was sold in January 2018.

501 Skokie

Northbrook, Illinois
Location

Northbrook, Illinois

Asset Class

Medical Office

Number of Units

10,000 SF

Investment Type

Ground Up Development

Year Purchased

2007 / 2014

Northbrook, Illinois

501 Skokie

Annenberg Investments, in partnership with Montero Partners, purchased the site and demolished the original structures and created two, adjacent developable pad sites. A brand new North Shore University Health System was built on one of the pad sites. The Property was sold in June 2014.

445 Skokie

Northbrook, Illinois
Location

Northbrook, Illinois

Asset Class

Retail

Number of Units

6,500 SF

Investment Type

Ground Up Development

Year Purchased

2007 / 2009

Northbrook, Illinois

445 Skokie

Annenberg Investments, in partnership with Montero Partners, purchased the site and demolished the original structures and created two, adjacent developable pad sites. A brand new Charles Schwab was built on one of the pad sites. This Property was sold in August 2009.

9 Jackson

Naperville, Illinois
Location

Naperville, Illinois

Asset Class

Office

Number of Units

20,000 SF

Investment Type

Value Add

Year Purchased

1998 / 2000

Naperville, Illinois

9 Jackson

Annenberg Investments, in partnership with Davis Street Land Company, purchased a 20,000 SF office building located in the heart of downtown Naperville. After an extensive renovation, the Property was leased long term to Williams Sonoma and Pottery Barn. The Property was sold in February 2000.

612 S. Clinton

Chicago, Illinois
Location

Chicago, Illinois

Asset Class

Office

Number of Units

132,000 SF

Investment Type

Value Add

Year Purchased

1999 / 2000

Chicago, Illinois

612 S. Clinton

Annenberg Investments, in partnership with Sterling Bay, purchased a four-story office building. After extensive renovation, the Property was able to increase occupancy and operations. The Property was sold in March 2000.

The Chandler’s Building

Evanston, Illinois
Location

Evanston, Illinois

Asset Class

Mixed-Use

Number of Units

25,000 SF

Investment Type

Value Add

Year Purchased

1998 / 2017

Evanston, Illinois

The Chandler’s Building

Annenberg Investments, in partnership with David Street Land Company, purchased a five-story, historic building in the heart of downtown Evanston. After an extensive renovation, the Property achieved 100% occupancy. The Property was sold in June 2017.

430 Park Avenue

Highland Park, Illinois
Location

Highland Park, Illinois

Asset Class

Mixed-Use

Number of Units

26,800 SF

Investment Type

Value Add

Year Purchased

2004 / 2020

Highland Park, Illinois

430 Park Avenue

Annenberg Investments, in partnership with Davis Street Land Company, purchased a four-story, mixed use building on the northeast corner of Park Avenue and Sheridan Road in the heart of downtown Highland Park. After a complete renovation, the Property consists of 6,000 SF of retail on the ground floor, 12,000 SF of office and three apartments on the upper floors. Annenberg Investments sold its interest in the Property in February 2020.

Roosevelt Galleria

Chicago, Illinois
Location

Chicago, Illinois

Asset Class

Retail

Number of Units

22

Investment Type

Value Add

Year Purchased

2012 / 2016

Chicago, Illinois

Roosevelt Galleria

Annenberg Investments, in partnership with Moyer Properties and Development Resources, Inc., purchased two, old retail buildings with a parking lot in the rear on the Roosevelt Road corridor in the South Loop of Chicago with over 225’ of frontage. The Property underwent an extensive renovation to both the interior and exterior and ultimately secured long term leases with The Vitamin Shoppe, Sleepy’s (now Mattress Firm, Petco, Golfsmith, and United Health. The Property was sold in March 2016.

The East Ohio Building

Cleveland, Ohio
Location

Cleveland, Ohio

Asset Class

Office

Number of Units

330,000 SF

Investment Type

Value Add

Year Purchased

1997 / 1999

Cleveland, Ohio

The East Ohio Building

Annenberg Investments, in partnership with Sterling Capital Partners, purchased this 21-story office building that included a 10-story parking garage. After renovating the lobby and common areas, occupancy reached 95%. This Property was sold in December 1999.

Park Colony Apartments

Des Plaines, Illinois
Location

Des Plaines, Illinois

Asset Class

Multifamily

Number of Units

240

Investment Type

Value Add

Year Purchased

2010 / 2014

Des Plaines, Illinois

Park Colony Apartments

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased 240 market rate apartments and immediately underwent an extensive renovation. After improving building operations, the building was stabilized. The Property was sold in December 2014.

300 W. Adams

Chicago, Illinois
Location

Chicago, Illinois

Asset Class

Mixed-Use

Number of Units

252,000 SF

Investment Type

Value Add

Year Purchased

2007 / 2012

Chicago, Illinois

300 W. Adams

Annenberg Investments, in partnership with Sterling Bay, purchased a 12-story, Gothic style office building with ground floor retail directly across from the Willis Tower. The Property underwent a major renovation while preserving its classic Gothic architectural detail. In 2010, the Property obtained landmark designation from the City of Chicago. The Property was sold in August 2012.

413 N. Carpenter

Chicago, Illinois
Location

Chicago, Illinois

Asset Class

Mixed-Use

Number of Units

20,000 SF

Investment Type

Opportunistic

Year Purchased

2013 / 2019

Chicago, Illinois

413 N. Carpenter

Annenberg Investments, in partnership with Moyer Properties, purchased this mixed-use building in the early stages of Fulton Market’s resurgence as Chicago’s premier neighborhood. The Property served as the headquarters for Ravine Park Partners (an Annenberg and Moyer company) and Perl Mortgage on the ground floor. The upper floors consist of 10 market rate, loft apartments. There is also a 30 space parking lot. This Property was sold in 2019.

885 Sunset Ridge

Northbrook, Illinois
Location

Northbrook, Illinois

Asset Class

Office

Number of Units

75,000

Investment Type

Value Add

Year Purchased

2010 / 2020

Northbrook, Illinois

885 Sunset Ridge

Annenberg Investments, in partnership with Moyer Properties, purchased the former Plunketts Furniture building. Within months, the Property was leased long term to Nestle USA, Inc. to house their frozen pizza headquarters. After investing approximately $18M into the building, Nestle decided to sublease the building years later. Today, the Property is occupied and serving as the national headquarters for Barilla America, Inc. The Property was sold in February 2020.

Elston Land

Chicago, Illinois
Location

Chicago, Illinois

Asset Class

Land

Number of Acres

6.32

Investment Type

Opportunistic

Year Purchased

2016 / 2023

Chicago, Illinois

Elston Land

Annenberg Investments, in partnership with Development Resources, Inc., purchased 6.32 acres at the northeast corner of Augusta and Elston Avenues. This Property was sold in January 2023

Rosemont Land

Rosemont, Illinois
Location

Rosemont, Illinois

Asset Class

Land

Number of Acres

22

Investment Type

Opportunistic

Year Purchased

2017 / 2023

Rosemont, Illinois

Rosemont Land

Annenberg Investments, in partnership with Development Resources, Inc., purchased 22 acres at the northwest corner of Higgins and Mannheim Roads. This Property was sold in November 2023.

Woodview Apartments

Deerfield, IL
Location

Deerfield, IL

Asset Class

Multifamily

Number of Units

248

Investment Type

Ground Up Development

Year Purchased

2013 / 2016

Deerfield, IL

Woodview Apartments

Annenberg Investments, in partnership with Moyer Properties and McShane Companies, built and delivered 248 market rate apartments with state of the art amenities. The Property was completed and stabilized in 2015. The Property was sold in October 2016.

Central Park Apartments

Racine, WI
Location

Racine, WI

Asset Class

Multifamily

Number of Units

48

Investment Type

Value Add

Year Purchased

2018 / 2024

Racine, WI

Central Park Apartments

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased a 48 unit, LIHTC apartment building in Racine, WI. After undergoing an extensive renovation program, the building stabilized and the Partnership secured a long term loan with Freddie Mac. The Property was sold in January 2025.

877 Torrington

Clinton, South Carolina
Location

Clinton, South Carolina

Asset Class

Industrial

Number of Units

190,192

Investment Type

Opportunistic

Year Purchased

2021 / 2022

Clinton, South Carolina

877 Torrington

Annenberg Investments, in partnership with Farpoint Development, purchased a vacant 190,192 SF industrial building in Clinton, SC. Within six months, the Property was fully leased to Blue Diamond Industries, a subsidiary of Hexatronic Group AB (public). The Property sits on 52 acres of land and the ceiling heights are 24′ clear. The Property was sold in October 2022.

2525 East Magnolia

Phoenix, Arizona
Location

Phoenix, Arizona

Asset Class

Industrial

Number of Units

34,507 SF

Investment Type

Stabilized

Year Purchased

2003

Phoenix, Arizona

2525 East Magnolia

Annenberg Investments purchased this building vacant and signed a long term lease with A-Z Industries, a national distributor of wire and cable. A-Z has continued to operate out of the building since the building was acquired.

Georgetown Apartments

South Bend, Indiana
Location

South Bend, Indiana

Asset Class

Multifamily

Number of Units

200

Investment Type

Value Add

Year Purchased

2018

South Bend, Indiana

Georgetown Apartments

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased 200 market rate apartments near the University of Notre Dame’s campus. All units have dedicated, enclosed garages and full size washers/dryers. The Property has undergone an extensive renovation during the Partnership’s ownership, including interior renovations, new hallways, parking lot and more. For more information, please visit: www.georgetown-in.com

Hawthorn Apartments

Somers, Wisconsin
Location

Somers, Wisconsin

Asset Class

Multifamily

Number of Units

241

Investment Type

Ground Up Development

Year Purchased

2020

Somers, Wisconsin

Hawthorn Apartments

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased approximately 22 acres in Somers, Wisconsin and developed 241 market rate apartments. The Property consists of 33 buildings, some of which have tuck-under garages, and a state of the clubhouse with a pool and amenities. For more information, please visit: www.hawthornapartments.com

The Falls at Pike Creek

Kenosha, Wisconsin
Location

Kenosha, Wisconsin

Asset Class

Multifamily

Number of Units

130

Investment Type

Value Add

Year Purchased

2019

Kenosha, Wisconsin

The Falls at Pike Creek

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased 118 condos out of 168 total known as The Falls at Pike Creek. The Property included 73 garages and an additional 5.03 acres of land. Overtime, the Partnership has purchased additional condos as they come available to total 130. With the additional land, the Partnership built 130 units in two separate buildings known as The Waters at Pike Creek. The Partnership also built a brand new clubhouse with a pool and state of the art amenities to accommodate the whole Property. For more information, please visit: www.thefallsatpikecreek.com

Park 150

Lombard, Illinois
Location

Lombard, Illinois

Asset Class

Multifamily

Number of Units

215

Investment Type

Value Add

Year Purchased

2021

Lombard, Illinois

Park 150

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased 215 luxury condominiums from the individual owners and collapsed the association creating one property. The property has gone through a full transformation with updated amenities and renovated apartments. New amenities include: a Welcome Lounge, Cyber Café, 2 levels of state of the art fitness, co-working space, dog spa, demonstration kitchen and sports lounge. Outdoor amenities include refurbished pool, dog park, outdoor kitchen and grilling areas. Each apartment includes a washer/dryer and covered parking. The location is a close walk to Metra, shops, cafes and parks. For more information, please visit: www.park150apartments.com

The Waters at Pike Creek

Kenosha, Wisconsin
Location

Kenosha, Wisconsin

Asset Class

Multifamily

Number of Units

130

Investment Type

Ground Up Development

Year Purchased

2021

Kenosha, Wisconsin

The Waters at Pike Creek

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased 5.03 acres of land in Kenosha, Wisconsin and built The Waters at Pike Creek, a new Class A, market rate, apartment complex. In total, the apartment complex features 130 apartments within 2 residential buildings, tuck-under garages and surface parking. The first building was delivered in Q1 ’23. An affiliate entity that is controlled by Annenberg Investments, Moyer Properties, and LV Property Management, owns 130 condominiums of the 168 total condominiums in the adjacent complex known as The Falls at Pike Creek. Both complexes share a brand new, state of the art clubhouse with amenities for the entire property. For more information, please visit: www.thewatersatpikecreek.com

Alys Mill Lofts

Easley, South Carolina
Location

Easley, South Carolina

Asset Class

Multifamily

Number of Units

200

Investment Type

Redevelopment

Year Purchased

2021

Easley, South Carolina

Alys Mill Lofts

Annenberg Investments, in partnership with Farpoint Development and Baum Revision, purchased a 343,686 SF former textile mill on approximately 19.2 acres in Easley, South Carolina. Built in 1924 by Alice Manufacturing, the property is located in Pickens County, nearly equidistant from Downtown Greenville (16 miles) and Clemson University (20 miles). The property’s historical significance and architecture pose a unique opportunity to transform the industrial asset into an apartment redevelopment consisting of 200 apartment units. Alys Mill Lofts sits directly in an Opportunity Zone with readily available tax incentives. All aspects combined make the property an attractive redevelopment opportunity. The Property is currently on the market for sale.

3450 Simmons

Waycross, Georgia
Location

Waycross, Georgia

Asset Class

Industrial

Number of Units

217,500 SF

Investment Type

Opportunistic

Year Purchased

2024

Waycross, Georgia

3450 Simmons

Annenberg Investments, in partnership with Farpoint Development, purchased a 217,500 SF industrial building in Waycross, GA. The property was purchased vacant and is currently on the market for both lease and sale. Ceiling heights are 32′ clear. The property has the potential for direct CSX rail accessibility and to expand an additional 100,000 SF.

Clare Meadows Apartments

Franklin, Wisconsin
Location

Franklin, Wisconsin

Asset Class

Multifamily

Number of Units

135

Investment Type

Value Add

Year Purchased

2025

Franklin, Wisconsin

Clare Meadows Apartments

Annenberg Investments, in partnership with Moyer Properties and LV Property Management, purchased a well maintained, 135-unit community designed for adults 55 and over in Franklin, WI. Constructed in 1996, the Property has extended use restrictions in place until December 31, 2027. Once the extended use restrictions expire, the Property will be able to lease at market rents. The Property offers a variety of amenities to enhance residents’ quality of life, including a spacious community room, a chapel, a convenience store, an on-site hair salon, a health room, puzzle and game rooms, heated underground parking, and more. For more information, please visit: www.claremeadows.com