Mid-America Real Estate Facilitates Sale of 312,406 SF Shopping Center in Northwest Indiana Suburbs of Chicago
July 5, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Highland Grove in Highland, Indiana. The 312,406-square-foot property was sold to Bridge33 Capital.
Highland Grove is a 100% leased shopping center located at the heart of the sub-regional trade area serving the northwest Indiana suburbs of Chicago. The center is anchored by Kohl’s, Burlington, Macy’s, Michaels, Petco, and Ulta, while also featuring an array of traffic-driving national tenants such as Five Below, Famous Footwear, Potbelly, Torrid, and Olive Garden. Highland Grove’s drawing power is further enhanced by shadow anchors Target, Best Buy, and Ashley Furniture.
Mid-America Real Estate Corporation Principals Ben Wineman and Joe Girardi, in cooperation with Mid-America Real Estate – Indiana LLC Principal Rick Drogosz, were the exclusive brokers in the transaction on behalf the Seller.
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 $14 billion to date. For more information, visit www.midamericagrp.com.
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