Chicago & Midwest + South Side + Retail | March 21, 2023

Greenstone Lists 92% Leased Retail Center on Chicago’s Southwest Side

Greenstone Partners is marketing Midway Square, a 55,332-square-foot retail center on Chicago’s Southwest Side. The asking price is $12,350,000.

Located at 5109-5155 S. Pulaski Rd., the property is currently 92% leased, with tenants averaging 17-plus years at the center. Among its tenants is a Dollar Tree that ranks in the top 3% of the chain’s locations for visits, according to Greenstone.

The center has a population of 272,279 residents within a three-mile radius. It’s convenient to the Pulaski Station along the Chicago Transit Authority’s Orange Line as well as CTA bus route 53A.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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