Mid-America Real Estate Corporation Executes Sale of Fashion Corners in Saginaw, Michigan
November 4, 2022
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Fashion Corners, a 100% leased shopping center located at the southeast corner of Bay Road and Schust Road in the Saginaw, Michigan regional trade area. The 184,735-square-foot property was sold to a Private Family Office Investor.
Fashion Corners is anchored by Best Buy, Dunham’s Sports, Bed Bath & Beyond, Harbor Freight Tools, Guitar Center, and Dorsey Schools. The center draws its consumer base from the solid demographics of Saginaw and the surrounding Tri-Cities communities, which feature a dense residential population of 185,500 people within a 10-mile radius of Fashion Corners. The Saginaw trade area is a highly sought-after regional retail destination. Situated 30 miles northwest of Flint and 125 miles southeast of Traverse City, the trade area draws customers from throughout central Michigan.
Mid-America Real Estate Corporation Principals Rick Drogosz and Ben Wineman, in cooperation with Mid-America Real Estate – Michigan, Inc. Principal Daniel Stern (a licensed Michigan real estate broker), were the exclusive brokers in the transaction on behalf of a publicly traded REIT.
About Mid-America Real Estate
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. 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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