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NEWS RELEASE

Mid-America Real Estate Closes Sale of Florissant Market Place in Missouri for $15.25M

ST. LOUIS (June 6, 2012) – Mid-America Real Estate Corporation’s Investment Sales Group announced the recent sale of the Florissant Market Place in Florissant, Mo., a northern suburb of St. Louis.  California-based Thompson National Properties LLC purchased the center from a private investment group for $15.25 million.

Florissant Market Place is a 146,257 square-foot grocery-anchored community center located on the northeast corner of Lindbergh Boulevard (Highway 67) and Industrial Lane, serving the densely populated North St. Louis County trade area. The center is 100% leased and anchored by Schnucks grocery store and Gold’s Gym, while complemented by a mix of national and regional tenants that include Great Clips, Radio Shack and Hallmark.

Ben Wineman of Mid-America Real Estate-Missouri LLC and Scott Seyfried of Missouri-based Pace Properties exclusively represented the seller in the transaction.

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 midamericagrp.com

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Schnucks grocery store anchors Florissant Market Place in Florissant, Mo. Click on photo for higher resolution.

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PRESS CONTACTS representing Mid-America Real Estate Corporation

Jonelle Kearney
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