Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Burnsville Crossing, a successful neighborhood center in the affluent Minneapolis-St. Paul suburb of Burnsville, Minnesota.
The-97,210-square-foot center was sold to HBI Companies.
Burnsville Crossing is anchored by Becker Furniture & Mattress, a family-owned chain of furniture stores founded in 1978 that has grown to 9 locations throughout the Minneapolis – St. Paul metropolitan area. Burnsville remains one of the most desirable Twin Cities suburbs for its well-connected public transit system, a thriving economy of more than 2,700 businesses, and one of the top-rated public-school districts in Minnesota.
Mid-America Real Estate Corporation Principals Joe Girardi, Rick Drogosz, and Ben Wineman, in cooperation with Mid-America Real Estate – Minnesota, LLC Vice President Amy Senn, were the exclusive brokers in the transaction on behalf of IRC Retail Centers/DRA Advisors. The property was managed by Pine Tree.
