September 21, 2020. InSite Commercial Realty is pleased to announce the purchase of the 5,000sf single-story office building located at 818 Lake Street in Evanston, IL. The home of Allegretti Rug Masters for decades, the property underwent a full-scale rehab into a full-service co-working space in 2018. InSite’s client, Zen Shiatsu Center, also in Evanston, will reposition the building as a clinic, school and event space. Given the Center’s 30+ years in Evanston and its proximity to the downtown, the addition of this type of use will diversify the area’s offerings and energize the community with a vibrant health and wellness space.
“We were negotiating a lease on a nearby space when the opportunity to purchase this property off-market became available” said Ross Goldstein, InSite’s Managing Broker representing Zen Shiatsu. “Creating a stand-alone Center provides an ideal solution to our client’s real estate challenge and represents a significant step forward in ensuring the Center’s continued success for the next generation. Creating a solution to a client’s long-term business, financial and personal goals is the most exciting and rewarding aspect of our work.”
The tenant, a long-time client of InSite Commercial Realty, was very pleased. “After years of working together, Ross helped us locate and negotiate the purchase of a new home for our school, at 818 Lake Street near downtown Evanston, in a beautiful former co-working space that will be perfect for our needs” said Steve Rogne, Director of the Center. “It is spacious and easy to keep sanitary. It is on the ground floor so our work can be accessible to clients who can’t climb the stairs. With room for more classrooms, we can offer evening wellness classes to our clients, and full-time training schedules so that our career students can have access to federal loan and grant programs.” Since 1988, Zen Shiatsu Chicago has set the standard for professional shiatsu education in Illinois. The school offers a complete Shiatsu Certification Program qualifying graduates for the credentials required for legal practice, as well as Continuing Education for Massage Therapy and other professions.
Congratulations, Zen Shiatsu Center!