Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Village Green Shopping Center, a 93% leased neighborhood center serving the dense, affluent near north Chicago suburb of Park Ridge. The 65,038-square-foot center was sold to a Dallas, TX-based family office.

Village Green Shopping Center is leased to an attractive lineup of specialty retail, service, health & wellness, and restaurant uses including BMO, Lou Malnati’s, Goldfish Swim School, Wheel & Sprocket, Midwest Orthopedics, Westside Children’s Therapy, BFT, FedEx Office, and Subway. Within a 3-mile radius of the subject offering, there are 162,000 residents with an average household income of $124,000.

Mid-America Real Estate Corporation Principal/Managing Broker Ben Wineman and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf of a private investment group.

About Mid-America

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 $16 billion to date.  For more information, visit www.midamericagrp.com.

Media Contact for More Information:

Olivia Simmons | 630.954.7363 | [email protected]