Oakbrook Terrace, Ill.-based Mid-America Real Estate Corporation’s Net Lease Investment Group recently brokered three net lease sales in Indiana, two for CVS Pharmacy buildings located in Indianapolis and Portland, Ind., and one for a Rally’s Hamburgers drive-in located in Kokomo, Ind.
Mid-America represented the sellers in all three transactions.
“These sales showcase the national market’s continued strong appetite for well-located, solid credit, single-tenant investments,” said Mid-America broker Bill Wright, who was involved in all three transactions. “The Midwest continues to draw heavy interest from both east and west coast investors and this strong demand is helping produce maximum value for today’s sellers.”
Bill Wright, Tom Fritz and Mark Goldberg, of Mid-America Real Estate in cooperation with Indiana-based Sitehawk Retail Real Estate, exclusively represented the undisclosed sellers in all three transactions.