Mid-America Real Estate Corporation‘s Investment Sales team recently brokered the sale of a 149,526-square-foot Home Depot Center in Orland Park, Illinois, to Cole Real Estate Income Strategy, Inc. (Cole Income NAV) for $20 million.
Home Depot Center is located at the northwest corner of Harlem Avenue and 159th Street. The center is anchored by Home Depot and features tenants including Sleepy’s, Five Guys and Supercuts.
Cole Income NAV was represented by Phoenix-based VEREIT, Inc. Ben Wineman and Joe Girardi of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of the seller, an Ohio-based publicly traded real estate investment trust.
