Mid-America Real Estate Executes Sale of Shopping Center in Bolingbrook, IL
CHICAGO - July 21, 2022 (Investorideas.com Newswire) Mid-America Real Estate Corporation's Investment Sales team recently brokered the sale of The Landings, a 91% leased community shopping center located in the Chicago area suburb of Bolingbrook, Illinois. The 112,622-square-foot property was sold to Irvine, CA based Sperry Equities.
The Landings at Bolingbrook is anchored by PetSmart, OfficeMax, Planet Fitness, and Modern Furniture, with an outlot building leased to Duly Medical, Noodles & Company, and For Eyes Optical, and shadow anchored by Home Depot and Meijer. The strong demographic profile surrounding The Landings at Bolingbrook draws from Chicago's dense and affluent western suburbs in Will and DuPage Counties.
Mid-America Real Estate Corporation Principal Ben Wineman was the exclusive broker in the transaction on behalf of the seller, an affiliate of Atlanta, GA based RCG Ventures.
About Mid-America Real Estate
Mid-America Real Estate is the largest regional retail property services firm in the Midwest. The organization's exclusive focus on retail real estate, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The company manages and leases 42 million square feet of retail space, and represents over 270 retailers. Mid-America's Investment Sales Group represents clients in the sale of retail properties throughout the greater Midwest region. The Investment Sales Group's strategic approach combines outstanding national exposure with the best local knowledge, resulting in the successful disposition of over $12.15 billion to date. For more information, visit www.midamericagrp.com.
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