CHICAGO (March 14, 2022) - Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of a 100% leased two-tenant retail center positioned in Northfield (Chicago MSA), Illinois. The 5,418-square-foot property was sold to a Private California-Based Buyer.
Positioned in the highly coveted North Shore Chicago suburb, the property draws on the dense and affluent surrounding population of 227,000 earning an average household income of $178,175 within a five-mile radius.
Mid-America Real Estate Corporation Principal Rick Drogosz, Vice President Emily Gadomski, and Vice President Matt McParland were the exclusive brokers in the transaction on behalf of the seller, Washington Properties.
About Mid-America Real Estate Group
Mid-America Real Estate Group is the largest regional retail property services firm in the Midwest. The organization’s exclusive focus on retail real estate, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The company manages and leases 42 million square feet of retail space and represents over 270 retailers. Mid-America’s Investment Sales Group represents clients in the sale of retail properties throughout the greater Midwest region. The Investment Sales Group’s strategic approach combines outstanding national exposure with the best local knowledge, resulting in the successful disposition of over $12.15 billion to date. For more information, visit www.midamericagrp.com.
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