In Quarter 4 of 2022, the owners of Lux Nails in Midway Square found themselves in the midst of a predicament. They recently experienced a spike in growth and popularity and realized they were in dire need of additional space to support their business’s growth and to meet the demands of their new clients. In a stroke of good fortune, Lux Nails and their neighboring storefront Scrub Depot (read more here), were approved to evenly divide the shopping center’s former Footlocker space that conveniently resided between both expansion-seeking businesses. Expanding to this new unit would provide the perfect solution to their spacing dilemma. The additional space would allow the nail salon to better cater to their clientele’s needs and make the salon more functional for their employees. Taking the leap to take on more space felt daunting. This meant more responsibility, though it also meant the potential for huge rewards in additional business. Thankfully, the CRE professionals at Matanky Realty Group ably advised the Lux Nails owners while they made this substantial decision.
Lux Nails resides in the Southwest Chicago Neighborhood of Archer Heights and has acquired a loyal following over the years. The popular business credits it’s following to the neighborhood shopping center in which it resides. The high foot traffic resulting from the mix of popular local and national tenants found in the center, the high visibility on busy Pulaski Rd, and the fantastic surrounding community demographics, all contribute to how Lux Nails first established their client foundation. Now, years later, they enjoy a devoted following primarily due to the impressive skill of their employees, the high-quality results that they produce, and the sought-after luxurious experience that they provide to each of their clients. Eventually, the topic of sustainability to support their ever-growing clientele base made its way into the conversation.
It soon became evident that arrangements needed to be made to better accommodate their clients and employees. To meet their business requirements, Matanky Realty Group assisted Lux Nails to acquire the former Footlocker space. Before the end of 2022, the luxury nail salon had signed a lease to take possession of the new space. MRG broker Brandon Nieves facilitated this deal.
The additional capacity of this new space will create an upgraded experience for the customers of Lux Nails. The shop will open its unit attachment in the Summer of 2023, so customers will soon reap the benefits of this strategic business decision. Matanky Realty Group is thrilled for the owners of Lux Nails and congratulates them on their expansion and the steady growth of their business. We wish you the best of luck in your new business venture!