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HOME > PRESS RELEASES

Mid-America Real Estate Arranges Sale of Stonebrook Plaza in Merrionette Park, Illinois

CHICAGO (November 11, 2020) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Stonebrook Plaza in Merrionette Park, Illinois.  The 95,825 square-foot grocery-anchored center was sold to Chicago-based Newport Capital Partners.

Stonebrook Plaza is positioned in the Chicago suburb of Merrionette Park, 17 miles southwest of downtown Chicago. The property is located at the intersection of 115th Street and Kedzie Avenue and serves the neighboring communities of Beverly, Oak Lawn and Evergreen Park.

The 96% leased center is anchored by market-leading grocer Jewel-Osco and features tenants Pet Supplies Plus, Hair Cuttery, H&R Block and Beggars Pizza.

Mid-America Real Estate Corporation Principal Joe Girardi was the exclusive broker in the transaction on behalf of the seller, Jacksonville, Florida-based Regency Centers.

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.

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LINKS:

Mid-America Real Estate: www.midamericagrp.com

  • About Us
    • The Mid-America Edge
    • Evolution of Retail
    • Reinventing Retail Real Estate
    • Our Workplace
    • In the Community
    • History
  • Property Listings
    • Lease
    • Sale
    • Investment Shopping Centers
    • Investment Net Lease
  • Services
    • Tenant / Retailer Representation
    • Property Leasing
    • Asset / Property Management
    • Facilities Management
    • Construction Management
    • Investment Sales Group
    • Investment Services MI-MN-WI
    • Land Sales
    • Surplus Property Disposition
    • Janitorial / Maintenance
  • Offices
  • People
  • News
    • Press Releases
    • In the News
    • Insights
  • Careers
  • About Us
    • The Mid-America Edge
    • Evolution of Retail
    • Reinventing Retail Real Estate
    • Our Workplace
    • In the Community
    • History
  • Property Listings
    • Lease
    • Sale
    • Investment Shopping Centers
    • Investment Net Lease
  • Services
    • Tenant / Retailer Representation
    • Property Leasing
    • Asset / Property Management
    • Facilities Management
    • Construction Management
    • Investment Sales Group
    • Investment Services MI-MN-WI
    • Land Sales
    • Surplus Property Disposition
    • Janitorial / Maintenance
  • Offices
  • People
  • News
    • Press Releases
    • In the News
    • Insights
  • Careers

ABOUT US

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Facilities Management
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Investment Sales Group
Investment Services MI-MN-WI
Land Sales
Surplus Property Disposition
Janitorial / Maintenance

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