Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Lawndale Plaza, a grocery-anchored shopping center located in the dense Chicago neighborhood of Lawndale. The 104,240-square-foot center was sold to Acre Investment Company, LLC.

Lawndale Plaza is anchored by Freshway Market and is complemented by Citi Trends, Taco Bell, PNC, Rainbow, Cosmo Superstore and O’Reilly Auto Parts.  With over 1,200 feet of frontage along Roosevelt Road (18,800 VPD), the strategically located center enjoys exceptional visibility and accessibility from the primary commercial thoroughfare of the Lawndale neighborhood.

Mid-America Real Estate Corporation Principal Rick Drogosz and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf of Mercer Street Holdings Three.

Photo Credit: CoStar

About Mid-America

Mid-America Real Estate is #1 in retail real estate services in the Midwest, with full-service offices in Illinois, Michigan, Minnesota, and Wisconsin. Our exclusive focus on retail property, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The company manages and leases 60 million square feet of retail space and represents over 270 retailers. Mid-America’s Investment Sales Group represents clients in the sale of retail properties throughout the greater Midwest region. The Investment Sales Group’s strategic approach combines outstanding national exposure with the best local knowledge, resulting in the successful disposition of over $14 billion to date.  For more information, visit www.midamericagrp.com.

Media Contact for More Information:

Olivia Simmons | 630.954.7363 | [email protected]