Mid-America Real Estate Corporation Executes Sale of Cliff Lake Centre in Eagan, Minnesota
February 8, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Cliff Lake Centre, in Eagan, Minnesota. The 74,182-square-foot property was sold to MVK Capital and True North Investments.
Cliff Lake Centre is a well-located community shopping center totaling 74,182 square feet and shadow-anchored by Target and Cub Foods. The property features tenants such as Dollar Tree, Davanni’s, Great Clips, The UPS Store, Snap Fitness, H&R Block and a host of local and regional retail and service tenants.
Mid-America Real Estate Corporation Principal Joe Girardi, in cooperation with Amy Senn, Vice President at Mid-America Real Estate – Minnesota, LLC, were the exclusive brokers in the transaction on behalf IRC Retail Centers/DRA Advisors. The property was managed by Pine Tree.
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.
Property Photo Available on Request
Media Contact for More Information:
Olivia Simmons
630.954.7363
osimmons@midamericagrp.com