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Robin Thuringer
Corporate Marketing Director
rthuringer@midamericagrp.com
630.481.4015

Mid-America Real Estate Arranges Sale of Lexington Grocery Portfolio for $59.75M

    • Kroger
    • Grocery anchored center
    • Weingarten Realty
    • Branch Properties
    • Tates Creek Centre
    • Millpond Center
    • Kentucky
    • Lexington
    • Joe Girardi
    • Investment Sales
    • Mid-America Real Estate Corporation
    • Mid-America Real Estate Group

Photo of Tates Creek Centre available here.

Photo of Millpond Center available here.

LEXINGTON, Ky. (February 19, 2018) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of two Kroger-anchored shopping centers in Lexington, Kentucky - Tates Creek Centre and Millpond Center.  The portfolio was purchased by Atlanta-based Branch Properties for $59.75 million.

Tates Creek Centre is located at the northwest corner of Tates Creek Road and Man O’War Boulevard in Lexington, Ky. The 196,028 square foot grocery anchored center includes a diverse line-up of tenants including Kroger, Proof Fitness, Rite Aid, MOD Pizza, PNC Bank and H&R Block.

Millpond Center is located at the southeast corner of Man O’War Boulevard and Boston Road in Lexington, Ky. The 124,498 square foot grocery anchored center includes Kroger, Workout Anytime, Subway, and Pizza Hut.

Mid-America Real Estate Corporation’s Principal Joe Girardi was the exclusive broker in the transaction on behalf of the seller, Houston-based Weingarten Realty.

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.

LINKS:
Mid-America Real Estate: www.midamericagrp.com

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