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Mid-America Real Estate Executes Sale of Neighborhood Shopping Center in Cincinnati MSA

Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of a 100% leased neighborhood shopping center and single tenant outlot located at the northeast corner of the “main and main” intersection of Ohio Bypass 4 and Princeton Drive in Fairfield Township (Cincinnati MSA), Ohio, less than 30 miles north of downtown Cincinnati. The combined 12,972-square-foot offering was sold to a Private Buyer.

Lakewood Commons features a distinctive variety of national and local tenants including Verizon Wireless, Bank of America (ATM), Spring Street Vitamins, Urgent Care of Fairfield (PNC Credit, GL), and Principled Chiropratic. The center is shadow anchored by Esporta Fitness (LA Fitness). The surrounding area is considered one of the fastest growing areas in the city, as the residential population and number of households are expected to grow by more than 3.0% over the next five years.

Mid-America Real Estate Corporation Principal Rick Drogosz and Vice President Emily Gadomski, in cooperation with Amy Holter of Anchor Associates, were the exclusive brokers in the transaction.

About Mid-America Real Estate

Mid-America Real Estate 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.

Property Photo Available Upon Request

Media Contact for More Information:

Olivia Simmons | 630.954.7363 | osimmons@midamericagrp.com

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