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Mid-America arranges sale of Lombard Mariano's for $20M

Mid-America arranges sale of Lombard Mariano's for $20M,ph01

Mid-America Real Estate Corporation’s Investment Sales team brokered the sale of a Mariano’s Lombard, Illinois.

The 74,000-square-foot grocery store was purchased by a private investor for $20 million, according to a company statement.

The property, located at the intersection of Roosevelt and Finley roads, features a 20-year ground lease corporately guaranteed by Kroger Co.

Mid-America’s Principal Joe Girardi and Vice President Wes Koontz were the exclusive brokers in the transaction on behalf of the seller, Bradford Real Estate.