Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Spoerlein Commons, a mixed-use asset in the dense and affluent Chicago suburb of Buffalo Grove, Illinois. The 41,455-square-foot center was sold to CRE Pro.

Spoerlein Commons features an array of medical, wellness, restaurant, retail, and service tenants, along with 2nd floor offices. The tenancy is primarily essential or service-based, making it especially resistant to threats from e-commerce or pandemic-related restrictions. The areas surrounding Spoerlein Commons are some of the most attractive demographics in the entire Chicago MSA with a combination of both density and high-income households.

Mid-America Real Estate Corporation Principal Rick Drogosz, Vice President Emily Gadomski, and Senior Vice President George Ghattas were the exclusive brokers in the transaction on behalf of an institutional seller.

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]