Rendering of Mariano’s available here.
LOMBARD, Ill. (August 24, 2017) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Mariano’s Lombard, Ill. The 74,000-square-foot grocery store was purchased by a private investor for $20 Million.
The property, located at the high-traffic intersection of Roosevelt and Finley Roads in Lombard, Ill, features a 20-year ground lease corporately guaranteed by Kroger Co.
Mariano’s is known for providing the freshest, high-quality foods from all over the world. The neighborhood shopping centers are filled with amenities like an Italian coffee shop serving authentic gelato, a wood-fired pizza oven and a sit down sushi bar. The first store opened in 2010.
Mid-America Real Estate Corporation’s Principal Joe Girardi and Vice President Wes Koontz were the exclusive brokers in the transaction on behalf of the seller, Bradford Real Estate.
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