Skip to content
MidAmerica
  • About Us
    • The Mid-America Edge
    • Evolution of Retail
    • Reinventing Retail Real Estate
    • Our Workplace
    • In the Community
    • History
  • Property Listings
    • Lease
    • Sale
    • Investment Shopping Centers
    • Investment Net Lease
  • Services
    • Tenant / Retailer Representation
    • Property Leasing
    • Asset / Property Management
    • Facilities Management
    • Construction Management
    • Investment Sales Group
    • Investment Sales Michigan
    • Investment Sales Minnesota
    • Investment Sales Wisconsin
    • Investment Services MI-MN-WI
    • Land Sales
    • Surplus Property Disposition
    • Janitorial / Maintenance
  • Offices
  • People
  • News
    • Press Releases
    • In the News
    • Insights
  • Careers
MidAmerica

HOME > PRESS RELEASES

Mid-America Real Estate Executes Sale of Dominant Regional Shopping Center in the Heart of Arkansas River Valley Region

August 23, 2022

Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Valley Park Centre, a 95% leased dominant regional shopping center located in the heart of the Arkansas River Valley Region in Russellville, Arkansas. The 282,608-square-foot property was sold to Dallas-based The Woodmont Companies.

Valley Park Centre features the area’s best combination of top category leading retailers, anchored by soft goods and apparel tenants in TJ Maxx, Ross Dress For Less, Belk, JC Penney, Shoe Carnival, and Hibbett, together with dominant specialty users in Hobby Lobby, PetSmart, and Five Below. The surrounding area features a strong, growing population that’s younger than state and national averages stemming from its proximity to education and employment drivers, transportation routes, and outdoor recreation as well as excellent school systems.

Mid-America Real Estate Corporation Principal/Managing Broker Ben Wineman, in cooperation with Hank Kelley of Kelley Commercial Real Estate Partners (a licensed Arkansas real estate broker), were the exclusive brokers in the transaction on behalf of the seller, a joint venture between an affiliate of Atlanta, Georgia-based RCG Ventures, LLC and a New York, New York-based Joint Venture Partner.

About Mid-America Real Estate

Mid-America Real Estate is the largest regional retail property services firm in the Midwest. The organization’s exclusive focus on retail real estate, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The company manages and leases 42 million square feet of retail space, and represents over 270 retailers. 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 $12.15 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

  • About Us
    • The Mid-America Edge
    • Evolution of Retail
    • Reinventing Retail Real Estate
    • Our Workplace
    • In the Community
    • History
  • Property Listings
    • Lease
    • Sale
    • Investment Shopping Centers
    • Investment Net Lease
  • Services
    • Tenant / Retailer Representation
    • Property Leasing
    • Asset / Property Management
    • Facilities Management
    • Construction Management
    • Investment Sales Group
    • Investment Sales Michigan
    • Investment Sales Minnesota
    • Investment Sales Wisconsin
    • Investment Services MI-MN-WI
    • Land Sales
    • Surplus Property Disposition
    • Janitorial / Maintenance
  • Offices
  • People
  • News
    • Press Releases
    • In the News
    • Insights
  • Careers
  • About Us
    • The Mid-America Edge
    • Evolution of Retail
    • Reinventing Retail Real Estate
    • Our Workplace
    • In the Community
    • History
  • Property Listings
    • Lease
    • Sale
    • Investment Shopping Centers
    • Investment Net Lease
  • Services
    • Tenant / Retailer Representation
    • Property Leasing
    • Asset / Property Management
    • Facilities Management
    • Construction Management
    • Investment Sales Group
    • Investment Sales Michigan
    • Investment Sales Minnesota
    • Investment Sales Wisconsin
    • Investment Services MI-MN-WI
    • Land Sales
    • Surplus Property Disposition
    • Janitorial / Maintenance
  • Offices
  • People
  • News
    • Press Releases
    • In the News
    • Insights
  • Careers

ABOUT US

The Mid-America Edge
Evolution of Retail
Reinventing Retail Real Estate
Our Workplace
In the Community
History

PROPERTY LISTINGS

Lease
Sale
Investment Shopping Centers
Investment Net Lease

SERVICES

Tenant / Retailer Representation
Property Leasing
Asset / Property Management
Facilities Management
Construction Management
Investment Sales Group
Investment Sales Michigan
Investment Sales Minnesota
Investment Sales Wisconsin
Land Sales
Surplus Property Disposition
Janitorial / Maintenance

OFFICES

PEOPLE

NEWS

Press Releases
In the News
Insights

CAREERS

Chainlinks

© 2023 Mid-America Real Estate Group. All Rights Reserved.