Photo of Elston Plaza available here.
CHICAGO (January 4, 2019) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Elston Plaza in Chicago, Illinois. The 92,806-square-foot urban grocery-anchored center was purchased by DWS Group’s publicly registered NAV REIT - RREEF Property Trust, Inc.
Elston Plaza is located at the southwest corner of North Elston Avenue, West Addison Street and North Kedzie Avenue in the Avondale neighborhood of Chicago. The center is anchored by market leader Jewel-Osco. Complementing the high performing grocer is a mix of service, medical, and dining tenants including Chase Bank, Chipotle Mexican Grill, O’Reilly Auto Parts, and ATI Physical Therapy.
Mid-America Real Estate Corporation Principals Rick Drogosz and Joe Girardi were the exclusive brokers in the transaction on behalf of the seller, Oak Brook, Illinois-based IRC Retail Centers.
Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Chicago, Ill. The company is the Midwest’s leading full-service retail real estate organization with offices in Oakbrook Terrace IL, Chicago, Milwaukee, Minneapolis and Detroit. For more information, call (630) 954-7300 or visit www.midamericagrp.com.
Mid-America Real Estate: www.midamericagrp.com