Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + Midwest  + Retail  | 
Clawson Center, a 100% leased community shopping center in Clawson, Michigan, has changed owners

Mid-America Brokers Deal for Detroit-Area Community Center 

Mid-America Real Estate Corporation’s investment sales group recently brokered the sale of Clawson Center, a 100% leased community center with strong national and local tenancy in the northern Detroit suburb of Clawson, MI.  The 91,266-square-foot property was sold to Detroit-area Private Investment Group for an undisclosed sum. 

Anchored by Staples and Dollar Tree, Clawson Center features necessity and convenience-oriented tenants including Billings Lawn Equipment, Burn Fitness, Cosmoprof, H&R Block, Joe’s Army/Navy, Play It Again Sports, and Salon Suites.  The center is shadow anchored by separately owned ALDI, Rite Aid and O’Reilly’s Auto stores. 

Mid-America Real Estate Corporation’s Ben Wineman and Mid-America Real Estate – Michigan’s Daniel Stern brokered the transaction on behalf of the seller, a Dallas, TX based family office.  The buyer was represented by Kevin Jappaya, David Jappaya, and Preston Rabban of Farmington Hills, MI -based KJ Commercial Real Estate Advisors. 

Connect

Inside The Story

Mid-America Real Estate

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).

  • ◦Sale/Acquisition