Oakbrook Terrace, Ill.-based Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Colerain Towne Centre, a 400,000-square-foot power center in Cincinnati. A private real estate company purchased the center for $30 million from New York-based Kimco Realty.
Colerain Towne Centre, located on the northeast quadrant of Colerain Avenue and Interstate 275, is anchored by Walmart Supercenter, Dick’s Sporting Goods, Jo-Ann Fabrics, PetSmart, and Hobby Lobby.
Joe Girardi and Ben Wineman of Mid-America Real Estate Corp. exclusively represented the seller in the transaction in cooperation with Amy Holter of Anchor Associates. The buyer was self-represented.
Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Oakbrook Terrace, Ill., is the Midwest’s leading full-service retail real estate organization with offices in Chicago, Milwaukee, Minneapolis and Detroit. For more information, call (630) 954-7300 or visit www.midamericagrp.com.