Mid-America Brokers the Sale of North & Clybourn Center to Hines
April 3, 2024
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of North & Clybourn Center, a 100% leased trophy retail asset located in the heart of Chicago’s affluent Lincoln Park neighborhood. The 68,121-square-foot center was sold to Hines U.S. Property Partners.
North & Clybourn Center features long-term lease commitments with best-in-class tenants including Crate & Barrel, The Container Store, Sweetgreen, Potbelly, and LensCrafter. The shopping center benefits from some of the best consumer demographics in the country.
Mid-America Real Estate Corporation Principal Joe Girardi and Principal/Executive Vice President Stan Nitzberg were the exclusive brokers in the transaction on behalf of a private seller.
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]