Photo of East Lloyd Commons available here.
EVANSVILLE, Ind. (August 09, 2018) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of East Lloyd Commons in Evansville, Ind. The 159,682-square-foot center was purchased by a Cleveland, Ohio – based private buyer for $23MM.
East Lloyd Commons is located at the northwest corner of Lloyd Expressway and Burkhardt Road, one of the primary retail intersections serving in Evansville, Ind. The regional shopping center is anchored by national retailers including Dick’s Sporting Goods, Best Buy, Michaels, Guitar Center, and Panera Bread.
Mid-America Real Estate Corporation Principals Ben Wineman and Rick Drogosz along with Vice President Carly Gallagher were the exclusive brokers in the transaction on behalf of the seller, Beachwood Ohio - based Retail Value, Inc. (NYSE:RVI).
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