Mid-America Real Estate Corporation said its Investment Sales team brokered the sale of 3030 N. Broadway in Chicago, a 137,618-square-foot grocery anchored shopping center.
The sale, which was purchased by Beachwood, Ohio-based DDR Corporation for $81 million, is located between Barry Avenue and Wellington Avenue in Chicago’s Lakeview/Lincoln Park neighborhood. The property is anchored by a Mariano’s and includes other tenants like XSport Fitness, Starbucks and PNC Bank.
Mid-America’s Ben Wineman, a princpal, and Joe Girardi, a principal, brokered the deal exclusively on behalf of the sellers, a joint venture between Barrett & Porto Real Estate, the Taxman Corporation and Newport Capital Partners.
