CHICAGO (April 21, 2021) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Marketplace of Brown Deer in Brown Deer, WI. The 404,936 square-foot retail center was purchased by Great Neck, New York-based Namdar Realty Group and Mason Asset Management.

Marketplace of Brown Deer is located at the northeast corner of Green Bay Road Avenue and West Brown Deer Road just in the northern Milwaukee suburb of Brown Deer, Wisconsin.  The grocery-anchored community center is anchored by leased to an array of national category leaders including Pick ‘n Save (Kroger), Burlington, Party City, Office Depot, Bob’s Discount Furniture, and The Tile Shop.  The property is 60% occupied and offers substantial upside potential.

Mid-America Real Estate Corporation Principal Ben Wineman, in cooperation with Mid-America Real Estate-Wisconsin, LLC Principal Dan Rosenfeld were the exclusive brokers in the transaction on behalf of the seller, New York City-based Retail Value, Inc. (RVI).

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.