Photo of Chatham Ridge available here.
CHICAGO (July X, 2021) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Chatham Ridge in Chicago, Illinois. The 175,991 square-foot shopping center was sold to Dallas-based, Tabani Group.
Chatham Ridge is located within the Chatham neighborhood of Chicago. Chatham is a south side neighborhood that straddles the highly trafficked Dan Ryan Expressway. The grocery-anchored center is 95% leased to a dynamic tenant line-up including Food 4 Less, Dollar Tree, Rainbow, O’Reilly’s Auto Parts, Footaction/Flight 23, Starbucks, Subway, Wing Stop, Verizon Wireless, Marshalls, and US Renal Care.
Mid-America Real Estate Corporation Principal Rick Drogosz was the exclusive broker in the transaction on behalf of the Chicago-based seller, IRC Retail Centers/DRA Advisors managed by Pine Tree.
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.