Photo of Clawson Center available here.
DETROIT (August 27, 2019) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Clawson Center in Clawson, Michigan. The 130,328 square-foot retail center was purchased by a Dallas, Texas-based family office.
Clawson Center is in Oakland County, Michigan, 15 miles north of Detroit. It is ideally situated between two of the state’s top regional trade areas: the Somerset Collection trade area two miles north and the Oakland Mall trade area three miles east.
The center is a 100% leased grocery and drug anchored community center that features strong national anchors including Aldi, Rite Aid, Staples, Dollar Tree, and O’Reilly Auto Parts. Other notable tenants at the center include H&R Block, Play It Again Sports, and Billings Lawn Equipment.
Mid-America Real Estate Corporation Principal Ben Wineman in cooperation with Mid-America Real Estate- Michigan, Inc. Principal Daniel Stern were the exclusive brokers in the transaction on behalf of the seller, Cincinnati, Ohio-based Viking Partners.