Mid-America Real Estate Facilitates Sale of Mattoon Marketplace in Southern Illinois to Chase Properties
September 12, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Mattoon Marketplace, a community shopping center located in the Southern Illinois city of Mattoon. The property has been sold to Chase Properties.
Mattoon Marketplace is 98% leased to a complementary mix of creditworthy national and regional tenants such as PetSmart, Dollar Tree, Cato, Hibbett Sporting Goods, Aspen Dental, Buffalo Wild Wings, Verizon, and Shoe Sensation. The shopping center benefits from unprecedented cross traffic from neighboring shadow anchors including a Walmart Supercenter and Home Depot.
Mid-America Real Estate Corporation Principal Rick Drogosz and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf of the seller, United American Properties.
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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