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Ashlee Yenney
Corporate Marketing Director
ayenney@midamericagrp.com
630.481.4015

Mid-America Real Estate Handles Sale of Plaza on the Boulevard in St. Louis MSA

Photo of Plaza on the Boulevard in Jennings (St. Louis MSA), Mo. available here.

JENNINGS (ST. LOUIS MSA), Mo. (May 13, 2015) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Plaza on the Boulevard located in the St. Louis community of Jennings, Mo. The 149,548-square-foot grocery-anchored center was purchased by Chicago-based Newport Capital Partners for $30.65 million.

Plaza on the Boulevard is located at the northeast corner of Florissant Avenue and Lucas-Hunt Road in Jennings, Mo. The center is anchored by Schnucks and features a strong line-up of national tenants including Hibbett Sports, Payless Shoe Source, GameStop, PNC Bank and Subway. The center also features a separately owned Target.

Ben Wineman and Carly Gallagher of Mid-America Real Estate Corporation in cooperation with Mid-America Real Estate – Missouri LLC were the exclusive brokers in the transaction on behalf of the seller, St. Louis-based Sansone Group.

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.

Plaza on the Boulevard
Plaza on the Boulevard located in Jennings, Mo. (St. Louis MSA)
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