Lee Fry Companies, Inc., and its associated companies, is a real estate development and brokerage firm specializing in land sales and development, commercial sales, leasing and development. American Construction, LLC, the company’s contracting firm, handles the construction in-house of all of its developments. The company’s main office and personnel are located in Westmont, Illinois. The company has been in business for 25 years.
The company has been responsible for brokerage sales of over 300 million dollars of land and buildings and has dealt with numerous Chicago-area builders, investors, corporate users and commercial tenants. In addition to these land sales and property sales, Mr. Fry was responsible for the assembly of 2300 acres of land in Central Lake County on behalf of Lake Properties Venture, which is an investment partnership created by Fund F of The First National Bank of Chicago’s Trust Division. This involved the acquisition and negotiation of properties ranging in size from 50 to 400 acres.
Mr. Fry handled the acquisition, zoning and sales for the Crossings project in Buffalo Grove, the Estates of Indian Creek of Long Grove and acted as a Developer/Broker for 23 parcels of property in the Lake Bluff Industrial Park, Libertyville Center for Industry and Waukegan Industrial Park.
Mr. Fry also, at the direction of the Board of Directors of Rust-O-Leum Corporation, completed a land search and acquisition for their corporate headquarters in Vernon Hills. Thereafter, he was responsible for liquidating other Rust-O-Leum land assets.
Mr. Fry also acted as the developer and marketing agent for the Miami/Mills Industrial Center and was a Director of General Asphalt of Miami, which was primarily responsible for the building of the Miami International Airport.
Mr. Fry developed Mariner’s Cove, a 240 acre/350 lot residential project which is located east of Grayslake across from The College of Lake County. He was responsible for the entire zoning and planning process of the subdivision, along with the marketing and land development of the subdivision. This is a 90 million dollar development.
Mr. Fry was the developer of Saddle Brook, Oak Brook’s largest single family subdivision, consisting of 357 lots and Saddle Brook Chase containing 37 lots. He was responsible for the entire zoning and planning process of these subdivisions as well as the land development and marketing. This is a 275 million dollar development.
Lee Fry Companies, Inc. built over 100 million dollars in custom homes in the Oak Brook/Hinsdale and Burr Ridge communities.
Mr. Fry’s current concentrations have been on commercial development and shopping center development. He is dealing with numerous major commercial food users, retailers and daycare centers for the sale and leasing of property.
2005 COMPLETED DEVELOPMENTS
Waterstone Place, a 24 acre multi-use commercial development located on Route 45 & Washington Street in central Lake County. The development contains a Wendy’s, which is open and operating, and a 30,000 square foot shopping center which has been fully leased. There is also a 10,000 square foot Day Care Center and a new 8,000 square foot building to be occupied by Dunkin Donuts/Baskin Robbins and a dental office.
Meijer Development, Aurora, Illinois, the development of a multi-tenant commercial building featuring Chipotle, Panda Express and Electronic Boutique.
Menards, Naperville, Illinois - 60,000 square foot shopping center featuring a new Michaels Arts & Crafts super store containing 24,000 square feet. The Center is now open and is 100% leased
St. Charles Center, a multi-tenant building on Randall Rd. and Bricher, featuring Baird & Warner’s largest suburban office containing over 11,000 square feet.
Meijer Development, Aurora, Illinois - 12,000 square foot multi-tenant building featuring Panera Bread at the Meijer development on Route 59, Aurora, Illinois;
Meijer Development, Aurora, Illinois - 27,000 square foot Harlem Furniture at the Meijer, Route 59 project;
Bank of America – a 5,000 square foot bank facility located in the Meijer, Route 59 development;
The re-development of a 22,000 square foot facility known as The Arcade on Route 59, across from the Fox Valley Mall.