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MichiganRetail

Mid-America Real Estate Corporation closes sale of grocery-anchored retail center in Grand Rapids market

Staff Writer April 2, 2017
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Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Chambers Corners in Wayland, Michigan, in the Grand Rapids market.

A private investment group led by Joel Kiss of Ramapo, N.Y.-based Northeast Capital Group and Jacob Berger of Montreal, Quebec-based Hampton Properties purchased the 99,564-square-foot grocery-anchored center.

Chambers Corners is located at the southeast corner of US 131 and Superior Street in Wayland. The center is anchored by Harding’s Friendly Market and Family Farm & Home, and is complemented by tenants including Family Dollar, Sprint and Hungry Howie’s Pizza.

Carly Gallagher and Ben Wineman of Mid-America Real Estate Corporation in cooperation with Daniel Stern of Mid-America Real Estate – Michigan, Inc. were the exclusive brokers in the transaction on behalf of a public REIT.

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