Photo of 3030 North Broadway available here.
CHICAGO (January 23, 2017) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of 3030 North Broadway in Chicago, Ill. The 137,618-square-foot grocery anchored shopping center was purchased by Beachwood, Ohio-based DDR Corporation for $81 Million.
3030 North Broadway is located between Barry Avenue and Wellington Avenue in the affluent Lakeview/Lincoln Park neighborhood of Chicago. The brand new retail center is anchored by Mariano’s and includes co-tenants XSport Fitness, Starbucks and PNC Bank.
Ben Wineman and Joe Girardi of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of the sellers, a joint venture between Barrett & Porto Real Estate, The Taxman Corporation and Newport Capital Partners.
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.
Mid-America Real Estate: www.midamericagrp.com