Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Landings, a 91% leased community shopping center located in the Chicago area suburb of Bolingbrook. The 112,622-square-foot property was sold to California-based Sperry Equities.
The Landings at Bolingbrook is anchored by PetSmart, OfficeMax, Planet Fitness, and Modern Furniture, with an outlot building leased to Duly Medical, Noodles & Company, and For Eyes Optical, and shadow anchored by Home Depot and Meijer. The strong demographic profile surrounding The Landings at Bolingbrook draws from Chicago’s dense and affluent western suburbs in Will and DuPage Counties.
Mid-America Real Estate Corporation Principal Ben Wineman was the exclusive broker in the transaction on behalf of the seller, an affiliate of Georgia-based based RCG Ventures.