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Mid-America Real Estate Arranges Sale of Riverpoint Center for $107 Million

Photo of Riverpoint Center available here.

CHICAGO (April 6, 2017) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Riverpoint Center in Chicago.  The 211,000-square-foot grocery anchored shopping center was purchased by Federal Realty Investment Trust in an off-market deal for $107 Million.

Riverpoint Center is located at the northwest corner of West Fullerton and North Clybourn Avenues in the affluent Lincoln Park neighborhood of Chicago. The center is anchored by Jewel-Osco, Marshalls and Old Navy.

Joe Girardi of Mid-America Real Estate Corporation was the exclusive broker in the transaction.

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

Mid-America Real Estate:


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    Whoa… That is a huge amount. I am sure that this deal will surely raise the price of nearby properties. It is a good fortune to those who have properties in this area. This can be said as the perfect time to sell you properties in the area or wait for another hike to sell them.
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