Mid-America Real Estate Corporation Executes Sale of Jewel-Osco Anchored Shopping Center in Cary, Illinois
Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Cary Square, a strong performing grocery anchored shopping center in the northwest Chicago suburb of Cary. The 80,608-square-foot property was sold to a Private Buyer.
Cary Square is anchored by a strong-performing 48,280-square-foot Jewel Osco, which features a Drive Up & Go experience for customers. Complementing the grocer is a diverse line-up of service, dining, and convenience-oriented tenants including Ace Hardware, Subway, Sport Clips, Mathnasium, Maui Tan North, and Lee’s Oriental Martial Arts, amongst others. The area surrounding Cary Square features an incredible residential demographic profile with 39,000 residents enjoying an average household income of $125,756 within a 3-mile radius.
Mid-America Real Estate Principal Rick Drogosz and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf of the Private Seller.
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