Mid-America Real Estate Arranges Sale of Giant Eagle and GetGo in Somerset, Pennsylvania
CHICAGO (May 14, 2020) – Mid-America Real Estate Corporation’s Investment Sales team (in cooperation with ECHO Retail) recently brokered the sale of a Giant Eagle and GetGo in Somerset, Pennsylvania. The 60,842 square-foot single tenant, true triple net leased grocery store and convenience store was sold to Pittsburgh, Pennsylvania-based Kamin Realty Inc. in May 2020.
Located in Somerset County, roughly 70 miles southeast of Pittsburgh, Giant Eagle and GetGo anchor a larger 133,492 square foot ALDI and Dollar General anchored shopping center. The center also benefits from the cross traffic generated by surrounding national retailers including Lowe’s, Walmart Supercenter, and Tractor Supply Co.
Mid-America Real Estate Corporation Principal Ben Wineman, in cooperation with ECHO Retail Senior Vice President Aaron Savin, were the exclusive brokers in the transaction on behalf of the seller, Pittsburgh, Pennsylvania-based ECHO Realty.
Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Chicago, Ill. The company is the Midwest’s leading full-service retail real estate organization with offices in Oakbrook Terrace IL, Chicago, Milwaukee, Minneapolis and Detroit. For more information, call (630) 954-7300 or visit www.midamericagrp.com.
Mid-America Real Estate: www.midamericagrp.com