CBRE’s Net Lease Property Group – Midwest is pleased to offer the opportunity to acquire the fee simple interest in T.J. Maxx at Washington Park Plaza in Homewood, IL. The tenant recently exercised its third 5-year renewal option at the contractual rent, extending the lease term through January 2031.
Strategically located within Washington Park Plaza – Homewood’s premier retail destination, which attracts approximately 2.9 million annual visitors - T.J. Maxx benefits from strong foot traffic driven by neighboring national retailers such as Best Buy, Ross, Five Below, Petco, and Old Navy.
T.J. Maxx operates as a wholly owned subsidiary of The TJX Companies, Inc., the leading global off-price retailer, with more than 5,000 stores in nine countries and approximately 1,340 locations across the U.S. alone. The brand is a cornerstone of TJX’s diversified portfolio, which also includes Marshalls, HomeGoods, Sierra, Winners, and TK Maxx. TJX’s business model-offering brand-name apparel, home fashions, and accessories at prices typically 20%-60% below full-price retail- generates high customer loyalty through a “treasure-hunt” shopping experience. TJX Companies reported fiscal 2025 net revenues of approximately $56.4 billion, a 4% year-over-year increase. TJX Companies, Inc. is a Fortune 100 off-price retail leader