Photo of State and Washington Retail available here.
OAKBROOK TERRACE, Ill. (September 15, 2016) – Mid-America Real Estate Corporation’s Investment Sales team recently served as the exclusive broker for the disposition of the sale of the Smithfield Chicago Urban Portfolio. The portfolio, made up of five properties in Chicago, was purchased by Chicago-based Acadia Realty Trust for $150 million. Joe Girardi and Stan Nitzberg of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of the seller, Chicago-based Smithfield Properties.
The subject properties are listed below.
State & Washington Shops is located at the southwest corner of State and Washington Streets. The property features Nordstrom Rack and H&M.
151 North State Street is a flagship Walgreens store located at the northeast corner of State and Randolph Streets.
North & Kingsbury Center is located at the southwest corner of North Avenue and North Kingsbury Street. The center includes tenants Old Navy, Pier 1, Blick Art Materials and Modani Furniture.
California & Armitage Shops is located at the northwest corner of California and Armitage Avenues. The center includes tenants PNC Bank, 7-Eleven, The UPS Store, Sally Beauty Supplies and Athletico.
Milwaukee & Concord Shops is located at the northwest corner of Milwaukee Avenue and Concord Place. The center includes tenants 7-Eleven, The UPS Store and Kriser’s.
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 State & Washington Shops located in Chicago, Ill.
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