Photo of Home Depot Center located in Orland Park, Ill. available here.
ORLAND PARK, Ill. (January 12, 2016) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Home Depot Center in Orland Park, Ill. Phoenix-based Cole Real Estate Income Strategy (Daily NAV), Inc. (Cole Income NAV) purchased the 149,526-square-foot center for $20 million. Cole Income NAV was represented by Phoenix-based VEREIT, Inc.
Home Depot Center is located at the northwest corner of Harlem Avenue and 159th Street. The center is anchored by Home Depot and features tenants including Sleepy’s, Five Guys and Supercuts.
Ben Wineman and Joe Girardi of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of the seller, an Ohio-based publicly traded real estate investment trust.
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.
Image of Orland Park Crossing located in Orland Park, Ill.
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