Mid-America Real Estate Corporation’s investment sales group recently brokered the sale of Shorewood Crossing in Shorewood, Illinois.
Phillips Edison & Co. purchased the 173,981-square-foot grocery-anchored shopping center.
Shorewood Crossing is located at the northeast corner of Route 59 and Black Road in the southwest suburbs of Chicago. The center is anchored by Mariano’s, Babies R Us, Staples, PetCo and Party City.
Mid-America Real Estate Corporation principal Joe Girardi was the exclusive broker in the transaction on behalf of the seller, Jacksonville, Florida-based Regency Centers Corporation and its co-investment partner.
