Chicago Ridge Mall to Welcome New Burlington Stores Location in Spring 2024
Burlington will be the first new tenant for Chicago Ridge Mall since Second Horizon Capital acquired the property at the end of February.
CHICAGO RIDGE, Ill., March 21, 2024 – Second Horizon Capital, an impact real estate investment firm that partners with communities to transform large-scale, underinvested commercial properties into vibrant destinations and local economic engines, announced today that it will welcome Burlington to one of the anchor spaces inside Chicago Ridge Mall.
Burlington is the national discount retailer offering everyday low prices on customers’ favorite on brands for the entire family and home. With up to 60% off other retailers’ prices every day on brand name merchandise arriving regularly, customers will discover something new every time they shop. With more than 1,000 stores open nationwide at the end of Q3 2023, Burlington is proud to offer customers amazing deals on quality top brands and the chance to find something new every time they shop.
“Securing Burlington as a new anchor tenant at Chicago Ridge Mall demonstrates the center’s appeal to tenants and shoppers alike,” said Howard Levine, Managing Partner & Co-Founder of Second Horizon Capital. “We are very pleased to welcome Burlington to our center as they strengthen our breadth of retail offerings for shoppers in Chicago Ridge and the surrounding areas.”
Burlington is the first anchor tenant to move into Chicago Ridge Mall following Second Horizon Capital’s acquisition of the property in February. The new store will offer apparel, accessories and footwear for women, men, and children, as well as everything for baby, a variety of home decor items and products for pets.
“The opening of Burlington, a preeminent retailer, reinforces the center’s role as the go-to retail and entertainment destination for Chicago Ridge and the Southwest Cook County area.” said Camilo Varela, Managing Partner & Co-Founder of Second Horizon Capital. “This marks our first transformative step at the center as we strive to ensure all our properties are community destinations within their surrounding areas.”
Additional details about Burlington’s exact opening, as well as employment opportunities at the store, will be announced soon.
About Second Horizon Capital
Second Horizon Capital is an impact investment firm that partners with communities to transform large-scale, underinvested commercial properties into vibrant destinations and local economic engines. The firm honors its role by investing in, supporting, and stewarding each community that it joins. Second Horizon Capital focuses on bringing community stakeholders, including municipalities, business owners, community groups, tenants, and end-users to the forefront in reinvigorating community hubs. By driving long-term value enhancement, seeking more equitable outcomes, and partnering with local stakeholders, Second Horizon Capital works to enhance its communities, as well as the properties themselves. Additional information on Second Horizon Capital can be found on the company's website at www.secondhorizon.com.
About Burlington Stores, Inc.
Burlington Stores, Inc., headquartered in New Jersey, is a nationally recognized off-price retailer with Fiscal 2023 net sales of $9.7 billion. The Company is a Fortune 500 company and its common stock is traded on the New York Stock Exchange under the ticker symbol “BURL.” The Company operated 1007 stores as of the end of Fiscal 2023, in 46 states, Washington D.C. and Puerto Rico, principally under the name Burlington Stores. The Company’s stores offer an extensive selection of in-season, fashion-focused merchandise at up to 60% off other retailers' prices, including women’s ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats. For more information about the Company, visit www.burlington.com.
Contact
RJ Bruce
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