Mid-America Real Estate Arranges Sale of Meridian Retail Center in Aurora, Illinois
CHICAGO (April 1, 2021) – Mid-America Real Estate Corporation’s Investment Sales team recently advised the Seller in the sale of Meridian Retail Center, located in the Chicago area suburb of Aurora, Illinois. The 158,496 square-foot shopping center was sold to Pleasanton, CA-based ACRE Investment Company.
Meridian Retail Center is located just 30 miles west of downtown Chicago. Meridian Retail Center is 95% leased to a mix of tenants including at home, PetSmart, Guitar Center, and Bumper 2 Burger.
Mid-America Real Estate Corporation Principal Rick Drogosz advised the seller, a joint venture between an institutional advisor.
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.