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Chicago & Midwest  + Midwest  + Retail  |  May 24, 2024
Jasmine Kilman
By: Jasmine Kilman

Mid-America Real Estate Arranges Sale of Livonia Marketplace

Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Livonia Marketplace in Livonia, Michigan. The 52,730-square-foot retail center was purchased by a New Jersey-based East Gate Alliance, LLC.

Mid-America Real Estate Corporation Principal Ben Wineman and Associate Emily Gadomski, in cooperation with Mid-America Real Estate-Michigan, Inc. Associate Richard Kerwin, were the exclusive brokers in the transaction on behalf of the seller, Bloomfield Hills, Michigan-based Lormax Stern Development Company and Deerfield Beach, Florida-based Konover South, LLC.

Shadow-anchored by Walmart, Kohl’s, and LA Fitness, Livonia Marketplace is an established community center 88% leased to a diverse line-up of national and regional tenants including Dollar Tree, Petco, GNC, Rx Optical, Great Clips, Tropical Smoothie Café, Verizon, and Koney Island Inn. The center is located in the infill community of Livonia located in northwest Wayne County, just 15 miles from Detroit’s central business district.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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