Mid-America Real Estate Facilitates Sale of 46,015 SF Plymouth Collection in Minnesota
April 4, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Plymouth Collection, in Plymouth, Minnesota. The 46,015-square-foot property was sold to a Private West Coast-based 1031 Exchange Buyer.
Plymouth Collection is a historically well-occupied Plymouth neighborhood center featuring Golf Galaxy and a mix of regional and local retailers, restaurants, and service providers. Notable retail uses include Dollar Tree, Toppers Pizza, Plymouth Cigar Shop, Coldwell Banker, and Haskell’s Wines and Spirits. The center is surrounded by an upscale residential population of 69,000 residents with average household incomes of nearly $134,000 within 3 miles.
Mid-America Real Estate Corporation Principal Joe Girardi, in cooperation with Amy Senn, Vice President at Mid-America Real Estate – Minnesota, LLC, were the exclusive brokers in the transaction on behalf IRC Retail Centers/DRA Advisors. The property was managed by Pine Tree.
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.
Property Photo Available on Request
Media Contact for More Information: