Photo of Westgate Center available here.
CHICAGO (July 14, 2021) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Westgate Center in St. Cloud, Minnesota. The 105,446 square-foot grocery-anchored shopping center was sold to a local Minnesota-based 1031 Investor.
Westgate Center is a grocery-anchored shopping center featuring Lunds & Byerlys, the leading specialty grocer carries a variety of organic and natural foods, as well as a large assortment of prepared foods in addition to traditional grocery staples. The Lunds & Byerlys center features other tenants including Planet Fitness and Pawn America.
Mid-America Real Estate Corporation Principal Joe Girardi, and Associate Vice President Emily Gadomski were the exclusive brokers in the transaction of the seller, an affiliate of San Mateo, California-based Glenborough.
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.