Mid-America Real Estate Executes Sale of 268,893 SF Shopping Center in Greater St. Louis County, Missouri
September 27, 2022
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of North Oaks Plaza, a 74% leased market dominant, grocery-anchored mixed-use shopping center in Northwoods (St. Louis County), Missouri. The 268,893-square-foot property was sold to a 1031 Buyer.
North Oaks Plaza is the only large-scale retail development in this densely populated area. The shopping center boasts a dynamic tenant lineup that has enabled the neighborhood center to thrive including Save A Lot, Citi Trends, St. Louis County Career Center & Workforce Training, Fresenius, and H&R Block.
Mid-America Real Estate Corporation Vice President Emily Gadomski and Principal Ben Wineman, in cooperation with Tim McFarland of Sansone Group, were the exclusive brokers in the transaction on behalf of a Private Seller.
About Mid-America Real Estate Group
Mid-America Real Estate Group is the largest regional retail property services firm in the Midwest. The organization’s exclusive focus on retail real estate, 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 42 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 $12.15 billion to date. For more information, visit www.midamericagrp.com.