CIM Group Brings HOKA Shop to Chicago at 444 N. Michigan Avenue

5/17/2022

CHICAGO–May 17, 2022--CIM Group announced today the opening of HOKA’s first Chicago pop-up store in new ground floor retail space the 444 N. Michigan Avenue. HOKA, a global leader in top performance athletic footwear and apparel, is continuing its direct-to-consumer expansion, bringing its array of in-demand men’s and women’s footwear and apparel to an approximately 2,100-square-foot shop  in this high visibility location.

HOKA, a Deckers brand, opened its first pop-up stores in fall 2021 in New York and California. The shops have proven popular with new and existing customers who can access Volumental, 3D foot-scanning devices to assist with sizing, and experiencing first-hand the shoe’s comfort and design features that have engendered a loyal clientele. HOKA also offers customers the option to “test” sneakers by taking a run in the area. 

CIM Group and Golub & Company have owned 444 N. Michigan Avenue since 2018 and are working on renovating and repositioning the 36-story, 517,000-square foot office tower and its 6,700 square feet of high-profile ground floor retail space on the Magnificent Mile. The building is directly across the street from the team’s 50,000 square feet of retail at The Shops at Tribune Tower, where CIM Group’s leasing team is drawing boutique retailers, shops and experiences including the recently opened Foxtrot Market and the Museum of Ice Cream, slated to debut this summer. 

“CIM Group is reshaping the retail experience on the Magnificent Mile and creating continuity and a dynamic destination for Chicago residents and visitors. With the retail at 444 N. Michigan and The Shops at Tribune Tower, CIM Group controls approximately 60,000 square feet of flexible retail space on Michigan Avenue that is ideally suited for retailers looking to enter or relocate within the Chicago market and online merchants seeking a prominent location to introduce physical stores,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

Further enhancing this area of the Magnificent Mile is Pioneer Court, a recently completed expansive public plaza from CIM Group and Golub & Company. Pioneer Court adds a richly landscaped and artfully designed, park-like area and dramatic view corridor, between Tribune Tower and the neighboring Apple flagship store. An array of trees, shrubbery and flowering plants, benches and bistro seating, and meandering paths connecting Michigan Avenue to the river, establishes Pioneer Court as a picturesque gathering spot and event space that is equally appealing to locals and visitors.

About CIM Group
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.

About HOKA® 
HOKA® is one of the fastest-growing performance footwear and apparel brands in history. Conceived in the mountains, HOKA footwear delivers an unprecedented combination of enhanced cushioning and support for a uniquely smooth ride. Every day, HOKA pushes the innovation and design of its footwear and apparel by teaming up with a deep roster of world champions, taste makers and everyday athletes. From finish lines to everyday life, HOKA fans love the brand for its bold and unexpected approach, and its belief in the power of humanity to create change for a better world. HOKA empowers a world of athletes to fly over the earth. For more information, visit HOKA.com or follow @HOKA. #TimeToFly 

About Golub & Company
Since its founding in 1960, with three generations of professionals working in the business, Golub & Company has built a strong reputation as a trusted co-investor and developer with its many institutional and private capital partners. It’s a reputation based on track record; Golub and its affiliates have owned, leased or managed more than 50 million square feet of commercial, mixed-use and multifamily real estate properties, including 45,000 residential units, valued in excess of $10 billion located across the United States and internationally. Access more information by visiting www.golubandcompany.com.