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 located in Jennings, Mo. (St. Louis MSA)
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