Mid-America Real Estate Facilitates Sale of Randall Square in the Western Suburbs of Chicago
October 31, 2023
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Randall Square in Geneva (Chicago MSA), Illinois. The 226,029-square-foot center was sold to Viking Partners.
Randall Square features a best-in-class tenant line-up including Marshalls, Michaels, Ulta, Old Navy, PetSmart, Men’s Wearhouse, and more. The center serves an affluent customer base in the western suburbs of Chicago with over 113,000 residents within 5-miles featuring an Average Household Income of $150,000.
Mid-America Real Estate Corporation Principals Joe Girardi, Rick Drogosz, and Ben Wineman were the exclusive brokers in the transaction on behalf of 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. 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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