CHICAGO (January 6, 2021) – Mid-America Real Estate Corporation’s Investment Sales team recently advised the Seller in the sale of Town Square, located in the Chicago area suburb of Schererville, Indiana  The 138,523 square-foot shopping center was sold to Beaumont, Texas-based AlbaneseCormier.

Town Square is a dominant community center located in the center of the strong Schererville sub-regional retail corridor, just 45 minutes southeast of downtown Chicago. Town Square features a diverse national credit tenant line-up including TJ Maxx, Old Navy, Bed Bath & Beyond, Dollar Tree, Show Carnival, and Bath & Body Works, as well as a strong group of local and regional tenants.

Mid-America Real Estate Corporation Principals Ben Wineman and Rick Drogosz advised the seller, a joint venture between Chicago-based Walton Street Capital and Northbrook, Illinois-based Pine Tree.

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