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Chicago & Midwest  + Midwest  + Retail  | 

Mid-America Real Estate Facilitates Sale of Midwest Retail Portfolio

Mid-America Real Estate Corporation’s Investment Sales Group completed the sale of a four-property shopping center portfolio totaling over 714,000 square feet of retail space across Michigan, Wisconsin, and Alabama. The portfolio was sold by RCG Ventures and acquired by Albanese Cormier.

A 52,302 square foot two-tenant building 100% occupied by Dick’s Sporting Goods and PetSmart in Oshkosh, and McGowin Park, a 374,881 square foot, 98% leased regional center anchored by Dick’s House of Sport in Mobile.

The portfolio’s two Michigan properties include Oak Brook Square, a 152,073-square-foot, 97% leased regional center located in Flint, and Bison Hollow Shopping Center, a 134,798-square-foot, 100% leased regional center in Traverse City.

Mid-America Real Estate Corporation Principal Ben Wineman was the broker on the portfolio sale, in cooperation with Greg Hess of TSCG on McGowin Park, Daniel Stern of Mid-America Real Estate – Michigan, Inc. on Bison Hollow and Oak Brook Square, and Nick Kohlmann, George Ghattas, and Dan Rosenfeld on the Dick’s & PetSmart Center.

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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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