Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Fashion Corners, a 100% leased shopping center located at the southeast corner of Bay Road and Schust Road in the Saginaw, Michigan, regional trade area.
The 184,735-square-foot property was sold to a private family office investor.
Fashion Corners is anchored by Best Buy, Dunham’s Sports, Bed Bath & Beyond, Harbor Freight Tools, Guitar Center and Dorsey Schools. The center draws its consumer base from the solid demographics of Saginaw and the surrounding Tri-Cities communities, which feature a dense residential population of 185,500 people within a 10-mile radius of Fashion Corners.
Situated 30 miles northwest of Flint and 125 miles southeast of Traverse City, the trade area draws customers from throughout central Michigan.
Mid-America Real Estate Corporation Principals Rick Drogosz and Ben Wineman, in cooperation with Mid-America Real Estate – Michigan, Inc. Principal Daniel Stern, were the exclusive brokers in the transaction on behalf of a publicly traded REIT.
