Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Midway Square in Chicago. The 55,332-square-foot retail center was purchased by Denver-based Plaza Fiesta, LLC. The established shopping center is located in an urban neighborhood at the southeast corner of Pulaski Road and 51st Street, just adjacent to the Chicago Transit Authority’s Pulaski “L” station.The center is 97 percent leased and features an exceptionally strong line-up of retailers and service providers, including Dollar Tree, Chase Bank, GameStop, Sally Beauty, T-Mobile, Discovery Clothing, Footlocker, Subway, Pearle Vision and GNC, as well as popular local tenants. Mid-America Real Estate Corporation principal, Ben Wineman, and associate, Emily Dutson, were the exclusive brokers in the transaction on behalf of Chicago-based Newport Capital Partners.
Credit: REJournal.com Aug 19 2019