Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Lawndale Plaza, a grocery-anchored shopping center in the dense Chicago neighborhood of Lawndale.
The 104,240-square-foot center was sold to Acre Investment Company, LLC.
Lawndale Plaza is anchored by Freshway Market and is complemented by Citi Trends, Taco Bell, PNC, Rainbow, Cosmo Superstore and O’Reilly Auto Parts. With over 1,200 feet of frontage along Roosevelt Road (18,800 VPD), the strategically located center enjoys exceptional visibility and accessibility from the primary commercial thoroughfare of the Lawndale neighborhood.
Mid-America Real Estate Corporation Principal Rick Drogosz and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf of Mercer Street Holdings Three.
