Photo of Fairlane Meadows here.
DEARBORN, Mich. (October 6, 2016) – Mid-America Real Estate Corporation’s Investment Sales team recently acted as the exclusive broker for the sale of the Fairlane Meadows in the suburban Detroit community of Dearborn, Mich. The 157,225-square-foot center was purchased by New York - based Times Equities for $20.6 million.
Fairlane Meadows is located at the southeast corner of Ford Road and Mercury Drive in Dearborn Mich., just north of the World Headquarters of Ford Motor Company The center includes tenants Best Buy, Citi Trends, David’s Bridal, Five Below and Dollar Tree, and is shadow anchored by Target and Burlington Coat Factory.
Mid-America Real Estate Corporation Principal Ben Wineman, in cooperation with Mid-America Real Estate Group – Michigan, LLC Principal Daniel Stern, was the exclusive broker in the transaction on behalf of the seller, Farmington Hills Mich. - based Ramco-Gershenson Properties 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.
Photo of Fairlane Meadows located in Dearborn (Detroit MSA), MIch.
Click on image for high-res version
Mid-America Real Estate: www.midamericagrp.com