FRASER, Mich. (October 22, 2014) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Fraser Shopping Center in Fraser, Mich. The 68,326-square-foot center was purchased by a private investor represented by Sterling Heights, Mich.-based Showcase One Real Estate Group.
Fraser Shopping Center is located at the triple intersection of Groesbeck Highway, 13 Mile Road, and Utica Road. The center is anchored by Oakridge Supervalu and Family Dollar.
Ben Wineman of Mid-America Real Estate Corporation, in cooperation with Daniel Stern of Mid-America Real Estate – Michigan Inc., was the exclusive broker in the transaction on behalf of the seller, Farmington Hills, Mich.-based Ramco-Gershenson Properties Trust (NYSE:RPT).
Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Oakbrook Terrace, Ill. The company is the Midwest’s leading full-service retail real estate organization with offices in Chicago, Milwaukee, Minneapolis and Detroit. For more information, call (630) 954-7300 or visit www.midamericagrp.com.
Fraser Shopping Center in Fraser, Mich.
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