Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Marketplace at Six Corners, a grocery-anchored urban shopping center, with a desirable mix of credit tenancy and near-term value-add opportunities. The property is located adjacent to the heavily trafficked intersection of three major thoroughfares – Irving Park Road, Cicero Avenue, and North Milwaukee Avenue. The 116,941-square-foot center was sold to Newmark Merrill.

Marketplace at Six Corners is anchored by Jewel-Osco, Marshalls, PetSmart, and Famous Footwear. This Jewel-Osco location is ranked in the 87th percentile in the state with 1.1 million annual visits, according to Placer.ai data. Marshalls receives nearly 600,000 annual visitors and is the #6 ranked location in the state, according to Placer.ai data

Mid-America Real Estate Corporation Principal Rick Drogosz was the exclusive broker 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]