Photo of Roosevelt Galleria located in Chicago available here.
CHICAGO (September 22, 2015) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Roosevelt Galleria in Chicago. Rye, New York-based Acadia Realty Trust purchased the 40,306-square-foot urban retail property for $19.6 million.
Roosevelt Galleria is located in the heart of the Roosevelt Road retail corridor in the South Loop at the southwest corner of Roosevelt Road and Jefferson Street. The center has a diverse mix of national tenants including Golfsmith, Petco, Sleepy’s, United Healthcare and The Vitamin Shoppe.
Joe Girardi and Stan Nitzberg of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of the seller, a partnership between Skokie, Ill.-based Ravine Park Partners and Chicago-based Development Resources.
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. WEB LINKS
Roosevelt Galleria located in the South Loop of Chicago
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