Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Four Flaggs, in Niles, Illinois. The 326,084-square-foot property was sold to Nassimi Realty.
Four Flaggs is anchored by Fresh Farms International Market, a high-performing family-owned operator with four stores all located in the northern suburbs of Chicago. The center is currently 75% occupied with a strong base of tenants including Marshalls, PetSmart, Old Navy, JoAnn, Five Below, and Ashley Furniture.
Mid-America Real Estate Corporation Principals Ben Wineman and Rick Drogosz were the exclusive brokers in the transaction on behalf IRC Retail Centers/DRA Advisors. The property was managed by Pine Tree.
