Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Fairlane Green in Allen Park, Michigan. The acquisition of the 95,490-square-foot shopping center was handled by Phoenix, Arizona-based VEREIT on behalf of Cole Credit Property Trust V, Inc.
Fairlane Green is located at the northeast corner of Fairlane and Outer Drive in Allen Park, Michigan. The parcel that sold is anchored by Best Buy and LA Fitness. The remainder of the center is anchored by Meijer and The Home Depot.
Mid-America Real Estate Corporation’s Principals Joe Girardi and Ben Wineman in cooperation with Mid-America Real Estate – Michigan, Inc. Associate Richard Kerwin were the brokers in the transaction on behalf of the seller, Lormax-Stern.