Mid-America Real Estate Corporation Executes Sale of 211,190 SF Waukegan Plaza in Suburban Chicago
March 3, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Waukegan Plaza, in Waukegan, Illinois. The 211,190-square-foot property was sold to a West Coast 1031 Exchange Buyer.
Waukegan Plaza is an 89% leased community retail center anchored by first in class national retailers located in the established Chicago suburb of Waukegan. The center features a complementary mix of national tenants including Ross Dress for Less, Burlington, dd’s DISCOUNTS, rue21, Shoe Carnival, Family Dollar, Rainbow, DTLR, Citi Trends, Cricket Wireless, GameStop, Subway, USPS, and Aaron’s Rental.
Mid-America Real Estate Corporation Principal Joe Girardi and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf a private seller.
About Mid-America Real Estate
Mid-America 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. Mid-America leases and manages more than 60 million square feet of retail space, and represents over 270 retailers and other tenants.
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 $13 billion to date. For more information, visit www.midamericagrp.com.
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