Mid-America Real Estate Corporation Executes Sale of Huron & Wells in Heart of Chicago’s River North
January 20, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Huron & Wells, a highly desirable 17,343-square-foot property located in the heart of Chicago’s River North neighborhood.
Huron & Wells is anchored by CVS, a strong, necessity-based tenant that drives consumer traffic from the ultra-dense neighborhood nearby. Newly renovated, their endcap space is ideally located at the corner of Huron and Wells, and benefits from visibility in all four directions. The nation’s largest pharmacy chain represents a robust draw that’s complemented by a diverse inline tenant mix featuring Laser Away, a national aesthetic dermatology clinic, Cocoro, an established Japanese restaurant operating at the location for 14 years, as well as fitness user Vibez Fit.
Mid-America Real Estate Corporation Principal Joe Girardi and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf of a Chicago-based Private Seller. The purchaser was a California-based 1031 Exchange Buyer, represented by Josh York of Syndicated Equities.
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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