Mid-America Real Estate Facilitates Sale of 85,920-square-foot Champaign Town Center in Illini Territory
October 25, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Champaign Town Center located in Champaign, IL.
Champaign Town Center is a well-located community center leased to five national brand-named tenants including Home Goods (TJX Companies), Ruler Foods (Kroger), JoAnn Fabrics, Guitar Center, and Men’s Wearhouse. The property is located in the heart of the Champaign regional trade area, and neighbors dominant national retailers such as Target, Wal-Mart, Menards, and Costco. Champaign is home to the University of Illinois at Urbana-Champaign, one of the nation’s 10 largest public universities with an enrollment of nearly 57,000 students.
Mid-America Real Estate Corporation Principal/Managing Broker Ben Wineman was the exclusive broker in the transaction on behalf of the seller, a Washington, D.C. area-based private investment company. David Tran of Transmercial represented a California-based private investor in the transaction.
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. The company manages and leases 60 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 $14 billion to date. For more information, visit www.midamericagrp.com.
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