Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Division Place Outlot in St. Cloud, Minnesota. The 6,958-square-foot outlot building was purchased by a private local buyer.
Division Place Outlot is located at the southeast corner of Division Street and 29th Avenue South in St. Cloud, Minnesota. The outlot is 100% leased to a complementary tenant line-up providing service, food & beverage, and medical uses including Starbucks, Aspen Dental, and Great Clips, and is shadow-anchored by TJ Maxx, Dollar Tree, and Tuesday Morning.
Mid-America Real Estate Corporation Principal Joe Girardi and Associate Emily Dutson in cooperation with Mid-America Real Estate-Minnesota, LLC Principal Mark Robinson were the exclusive brokers in the transaction on behalf of the seller, Chicago-based Core Acquisitions.