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Robin Thuringer
Corporate Marketing Director
rthuringer@midamericagrp.com
630.481.4015

Mid-America Real Estate Handles Sale of The Oaks of Oak Brook in Oak Brook, Ill.

    • Wells Fargo
    • The Oaks of Oak Brook
    • Sleepy’s
    • Panera Bread
    • Oak Brook
    • Newport Fund II
    • NEWPORT CAPITAL PARTNERS
    • Mid-America Real Estate Corporation
    • Joe Girardi
    • Illinois
    • Hutensky Capital Partners
    • DLC Management
    • Chicago MSA
    • Ben Wineman
    • Athletico

Photo of The Oaks of Oak Brook located in Oak Brook, Ill. available here.

OAK BROOK, Ill. (January 13, 2016) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Oaks of Oak Brook in Oak Brook, Ill. Chicago-based Newport Capital Partners acquired the 67,143-square-foot property on behalf of Newport Fund II for $18.25 million.

The Oaks of Oak Brook is located at the northwest corner of Kingery Highway (Illinois Route 83) and 16th Street. The center features a lineup of strong tenants including Panera Bread, Athletico, Wells Fargo and Sleepy’s.

Joe Girardi and Ben Wineman of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of the seller, a joint-venture between Tarrytown, N.Y.-based DLC Management and Hartford, Conn.-based Hutensky Capital Partners.

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.

The Oaks of Oak Brook
Image of The Oaks of Oak Brook  located in Batavia, Ill.
Click on image to view hi-res version

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