Feb 10, 2025 | Article

Red Mountain Group Expands National Presence with 3rd Acquisition in Illinois

Santa Ana, CA – January 31, 2025 – Red Mountain Group, Inc., a leading real estate development company, is pleased to announce the acquisition of Woodridge Plaza, a prime 50,809 SF neighborhood retail center located at 2401 75th St and 7520 Janes Rd in Woodridge, Illinois.

Key Highlights of the Acquisition:

• Strong Tenant Mix: Anchored by Walgreens, Dunkin’ Donuts, and Anytime Fitness (coming soon) with additional tenants including 7-Eleven with gas, retail shops, and dining options catering to the surrounding residential community.

• Strategic Location: Situated just 1/4 mile from the I-355 and 75th Street interchange, with 32,700 vehicles per day.

• High-Demand Market:

o Population: Nearly 250,000 residents within a five-mile radius.

o Affluent Demographics: Median household income exceeding $107,000.

Immediate improvements are planned to enhance the property’s aesthetic appeal and functionality, reinforcing its position as a premier retail destination.

“We are excited to bring Woodridge Plaza into our portfolio as we continue our national growth in key markets,” said Jonathan Gesuale, VP Real Estate for Red Mountain Group. “This acquisition aligns with our vision of investing in well-positioned retail properties that serve as essential hubs for their communities.”

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For leasing inquiries, please contact:

Brenda Benter – Sr. Vice President Leasing, Red Mountain Group

Phone: 714-460-1500 | Email: bbenter@rmrginc.com

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Jaidyn Phonrath – Leasing Associate, Red Mountain Group

Phone: 714-821-2172 | Email: jphonrath@rmrginc.com

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For media inquiries, please contact:

Lisa M. Gray, Director of Marketing

Red Mountain Group

marketing@rmrginc.com