Mid-America Real Estate Corporation Executes Sale of The Home Depot in Detroit Community of Dearborn
October 28, 2022
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of a single tenant, triple net property leased to The Home Depot. The 111,805-square-foot property is a freestanding portion of the Fairlane North Shopping Center in the west suburban Detroit community of Dearborn, positioned at the highly trafficked interchange of Ford Road and the Southfield Freeway.
Mid-America Real Estate Corporation Principal Ben Wineman, in cooperation with Mid-America Real Estate – Michigan, Inc. Principals Tony Schmitt and Daniel Stern (licensed Michigan real estate brokers), were the exclusive brokers in the transaction on behalf of the Seller, a private investment company. The Purchaser was a private investor represented by Matthews Real Estate Investment Services in conjunction with Preston Schwartz, Chad Kurz, and Kevin Puder.
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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