Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Huron & Wells, a 17,343-square-foot property located in the heart of Chicago’s River North neighborhood.
Huron & Wells is anchored by CVS, a strong, necessity-based tenant that drives consumer traffic from the ultra-dense neighborhood nearby. Newly renovated, their endcap space is ideally located at the corner of Huron and Wells, and benefits from visibility in all four directions. The nation’s largest pharmacy chain represents a robust draw that’s complemented by a diverse inline tenant mix featuring Laser Away, a national aesthetic dermatology clinic, Cocoro, an established Japanese restaurant operating at the location for 14 years, as well as fitness user Vibez Fit.
Mid-America Real Estate Corporation Principal Joe Girardi and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf of a Chicago-based Private Seller. The purchaser was a California-based 1031 Exchange Buyer, represented by Josh York of Syndicated Equities.