Mid-America Arranges for the Sale of Shops of Heatherfield in Glenview
May 21, 2024
Mid-America Real Estate | Investment Sales Group recently brokered the sale of Shops of Heatherfield, a core grocery-anchored shopping center located in the heart of Chicago’s affluent North Shore. The 89,253-square-foot center was sold to The Shiner Group.
Shops of Heatherfield is anchored by a strong-performing 70,848 square foot Jewel-Osco, which features a Drive Up & Go experience for customers. The #1 market share grocer in Chicago, Jewel-Osco has been a tenant at the center for over 20 years, and recently extending their lease through 2033. Shops of Heatherfield is ideally positioned within the Glenview retail trade area, which has experienced phenomenal growth and features excellent co-tenancy.
Principals Richard Drogosz and Joe Girardi were the exclusive brokers in the transaction on behalf of the seller, a global investment advisor.
Shops of Heatherfield is anchored by a strong-performing 70,848 square foot Jewel-Osco, which features a Drive Up & Go experience for customers. The #1 market share grocer in Chicago, Jewel-Osco has been a tenant at the center for over 20 years, and recently extending their lease through 2033. Shops of Heatherfield is ideally positioned within the Glenview retail trade area, which has experienced phenomenal growth and features excellent co-tenancy.
Principals Richard Drogosz and Joe Girardi were the exclusive brokers in the transaction on behalf of the seller, a global investment advisor.