Mid-America Brokers the Sale of Burnsville Crossing in Minneapolis-St. Paul Suburb
April 9, 2024
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Burnsville Crossing, a successful neighborhood center in the affluent Minneapolis-St. Paul suburb of Burnsville. The 97,210 square foot center was sold to HBI Companies.
Burnsville Crossing is anchored by Becker Furniture & Mattress, a family-owned chain of furniture stores founded in 1978 that has grown to 9 locations throughout the Minneapolis – St. Paul metropolitan area. Burnsville remains one of the most desirable Twin Cities suburbs for its well-connected public transit system, a thriving economy of more than 2,700 businesses, and one of the top-rated public-school districts in Minnesota.
Mid-America Real Estate Corporation Principals Joe Girardi, Rick Drogosz, and Ben Wineman, in cooperation with Mid-America Real Estate – Minnesota, LLC Vice President Amy Senn, were the exclusive brokers in the transaction on behalf of IRC Retail Centers/DRA Advisors. The property was managed by Pine Tree.
About Mid-America
Mid-America Real Estate is #1 in retail real estate services in the Midwest, with full-service offices in Illinois, Michigan, Minnesota, and Wisconsin. Our exclusive focus on retail property, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The company manages and leases 60 million square feet of retail space and represents over 270 retailers. Mid-America’s Investment Sales Group represents clients in the sale of retail properties throughout the greater Midwest region. The Investment Sales Group’s strategic approach combines outstanding national exposure with the best local knowledge, resulting in the successful disposition of over $16 billion to date. For more information, visit www.midamericagrp.com.
Media Contact for More Information:
Olivia Simmons | 630.954.7363 | [email protected]