Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Metro Centre, a historic community shopping center located in the heart of Peoria, Illinois at the intersection of University Street and Glen Avenue. The 166,290-square-foot property was sold to a private family office.

Metro Centre is features a stable tenant base of local and national service, soft goods, and restaurant users including JoAnn, Noodles & Company, Sunrise Health Foods, PNC, Great Clips, WW Studio, Kay’s Hallmark, Merle Norman, Holmes Shoes, Le Bakery, Pottstown Meat & Deli, 50’s Diner, and many more.  Metro Centre is grocery shadow anchored by a Schnucks Market. 

Mid-America Real Estate Corporation Principal / Managing Broker Ben Wineman was the exclusive broker in the transaction, and proud to represent the family ownership that originally developed Metro Centre in 1971.

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]