Mid-America Brokers the Sale of 54,147-square-foot Randall Square Shops in Geneva, IL
October 17, 2024
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Randall Square Shops, a high performing neighborhood shopping center located in the affluent Chicago suburb of Geneva, Illinois. The 54,147-square-foot center was sold to Chicago-based Northpond Partners.
Randall Square Shops features an outstanding line-up of national tenants in the heart of the dominant Randall Road retail corridor including McAlister’s Deli, Hand and Stone Massage, For Eyes, Men’s Wearhouse, Golf Tec, Milan Laser and Popeye’s. Shadow anchors include Nordstrom Rack, Marshalls, Five Below, Ulta Beauty, PetSmart, Ross Dress for Less, and others.
Mid-America Real Estate Corporation Principal Joe Girardi, and Vice President Emily Gadomski, were the exclusive brokers in the transaction on behalf of the seller, Viking Partners.
About Viking Partners
Viking Partners is a proven real estate investor, owner, and operator headquartered in Cincinnati, Ohio. Founded in 2008, Viking Partners has raised more than $400 million from investors across six discretionary funds and non-fund investments. Viking Partners has acquired assets in excess of $1.4 billion, investing in more than 90 real estate projects totaling just under 10 million square feet of retail, industrial/flex, multifamily, office, development and more across 69 cities and 23 states. Our portfolio includes direct ownership and limited partner investments in value-add, core-plus, and development real estate throughout the Midwest, Southeast, Southwest, and Mountain West United States. We are actively investing via our discretionary value-add fund and core-plus fund. For more information, visit www.vikingprt.com or follow us on LinkedIn at www.linkedin.com/company/vikingpartners.
Media Contact for More Information:
Hannah Duckworth | 513.297.3683 | [email protected]
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]