Retail N Illinois

Mid-America Real Estate arranges sale of Glen Gate shopping center in Glenview, IL

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Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Glen Gate in Glenview, Illinois. The 102,961-square-foot center at the northeast corner of Waukegan and Golf Roads was purchased by Dallas-based Invesco Real Estate for an undisclosed sum.

Glen Gate is a 100 percent leased core grocery-anchored shopping center featuring Mariano’s (The Kroger Co.). In addition to its dominant grocer, Glen Gate features a strong supporting tenant line-up of national and regional retailers including AT&T, Hair Cuttery, Bentley’s Pet Stuff, Glenview Bank & Trust (Wintrust Financial) and For Eyes.

Mid-America Real Estate Corporation principals Joe Girardi and Ben Wineman were the exclusive brokers in the transaction on behalf of a client of Chicago-based LaSalle Investment Management.