Photo of Fairlane Green available here.
ALLEN PARK, Mich. (September 7, 2017) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Fairlane Green in Allen Park, Mich. The acquisition of the 95,490-square-foot shopping center was handled by Phoenix, Ariz.-based VEREIT on behalf of Cole Credit Property Trust V, Inc.
Fairlane Green is located at the northeast corner of Fairlane and Outer Drive in Allen Park, Mich. The parcel that sold is anchored by Best Buy and LA Fitness. The remainder of the center is anchored by Meijer and The Home Depot.
Mid-America Real Estate Corporation’s Principals Joe Girardi and Ben Wineman in cooperation with Mid-America Real Estate – Michigan, Inc. Associate Richard Kerwin were the brokers in the transaction on behalf of the seller, Lormax-Stern.
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