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IllinoisRetail

Mid-America Real Estate Corporation closes sale of trophy retail in Chicago’s Lincoln Park

April 8, 2024
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Photo courtesy of Mid-America Real Estate.

Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of North & Clybourn Center, a 100% leased trophy retail asset located in the heart of Chicago’s affluent Lincoln Park neighborhood. The 68,121-square-foot center was sold to Hines U.S. Property Partners.

North & Clybourn Center features long-term lease commitments with best-in-class tenants including Crate & Barrel, The Container Store, Sweetgreen, Potbelly, and LensCrafter. The shopping center benefits from some of the best consumer demographics in the country.

Mid-America Real Estate Corporation Principal Joe Girardi and Principal/Executive Vice President Stan Nitzberg were the exclusive brokers in the transaction on behalf of a private seller.

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