MARION, Ohio (June 13, 2012) – Mid-America Real Estate Corporation’s Investment Sales Group announced the recent sale of the Marion Towne Centre in Marion, Ohio, approximately 50 miles north of Columbus. The center was purchased from a lender by a private investment group for an undisclosed amount.
Marion Towne Center is a 426,905 square-foot single-story, enclosed regional mall located in the strong retail corridor of an established Ohio community. The property is anchored by Elder-Beerman, JoAnn Fabrics and a separately-owned Sears. Other retailers include Wolf Bros Supply, Dollar General, House of Hunan and a free-standing McDonald’s.
Ben Wineman of Mid-America Real Estate Corp. in cooperation with Mike Paolucci and Hunter Whitten of Select Strategies Realty, exclusively represented the seller in the transaction. The buyer was self-represented.
Mid-America Real Estate Group, a ChainLinks affiliate based in Oakbrook Terrace, Ill., is the Midwest’s leading full-service retail real estate organization with offices in Chicago, Milwaukee, Minneapolis and Detroit. For more information, call (630) 954-7300 or visit www.midamericagrp.com.
Elder-Beerman, one of the anchors at Marion Towne Centre in Marion, Ohio. Click on photo for higher resolution.
Mid-America Real Estate: www.midamericagrp.com
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