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MissouriRetail

Block & Company sells 62,000-square-foot retail center in Michigan

Staff Writer April 5, 2017
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Kansas City’s Block & Company, Inc., Realtors recently sold a 62,379-square-foot retail strip center in Owosso, Mich., for $3.3 million. The Walmart Supercenter shadow-anchored center is located at 1561-1695 E. Main St., and is centered in the area’s primary retail corridor off M-21 Highway.

The seller was a Block & Company, Inc., Realtors investment group including two partnerships, Bloomfield 2005, LLC and Metcalf Arlington SPE, LLC. David M. Block and Max DiCarlo of Block & Company, Inc., Realtors represented the seller.

Block & Company, Inc., Realtors recently sold two other centers, in Huntington, Ind., and Jacksonville, Ill., on behalf of the same ownership group. The company is currently listing 10 other Walmart Supercenter shadow-anchored centers for sale in six states throughout the Midwest.

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