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Robin Thuringer
Corporate Marketing Director
rthuringer@midamericagrp.com
630.481.4015

Mid-America Real Estate Arranges Sale of Pick ‘N Save Center in Milwaukee, MSA

Image available of Pick ‘N Save Center located in Wauwatosa (Milwaukee MSA), Wisc. here.

OAKBROOK TERRACE, Ill. (August 15, 2016) – Mid-America Real Estate Corporation’s Investment Sales team recently served as the exclusive listing broker on behalf of the seller for the sale of Pick ‘N Save Center. Chicago-based Newport Capital Partners purchased the 69,749-square-foot grocery anchored shopping center with a separate account client.

The Pick N’ Save Center is located at the southwest corner of I-41/45 and Mayfair Road in the west Milwaukee suburb of Wauwatosa, Wisc. The center is anchored by Pick ‘n Save, the market leading grocery chain in the Milwaukee area and a subsidiary of Kroger, and features several national tenants including Mattress Firm, Supercuts and Firehouse Subs.

Ben Wineman of Mid-America Real Estate Corporation in cooperation with Dan Rosenfeld of Mid-America Real Estate – Wisconsin, Inc. were the exclusive brokers in the transaction on behalf of the seller, a joint venture between New York-based DRA Advisors LLC, on behalf of its institutional clients, and Atlanta-based RCG Ventures.

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.
 
 
Pick N Save
Image of Pick 'N Save Center located in Wauwatosa, Wisc.
Click on image to view hi-res version


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