In The News

Mid-America's Investment Sales Group

CAROL STREAM, IL – Indianapolis-based developer Integrity Development Partners sold the recently constructed 21,153 square-foot Shoppes at Carol Stream to Chicago-based private investor Lee Crossings LLC. According to Oakbrook Terrace, Illinois-based Mid-America Real Estate Corporation’s Investment Sales Group, the deal closed December 1 for $5.1 million. Mid-America's Benjamin Wineman represented the seller and he dealt directly with the buyer. Carol Stream is a western suburb of Chicago.

The high profile, convenience-oriented center, which completed construction in 2007, is anchored by Starbucks and Ideal Fitness, and is located on the southwest corner of Schamale Road and North Avenue (State Route 64), one of the heaviest used east-west thoroughfares in the Chicago metro area. According to Mr. Wineman, Shoppes at Carol Stream is situated in a dense, infill area with strong barriers to entry.

Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate. Mid-America Real Estate Group is a full-service retail real estate organization that has become the Midwest’s leader in retail investment sales. For more information, call
(630) 954-7300 or visit www.midamericagrp.com.

WEB LINKS:
Mid-America Real Estate: www.midamericagrp.com

PRESS CONTACTS representing Mid-America Real Estate Corporation

Jonelle Kearney jonelle@dodier.com OR Kasia Yuska kyuska@dodier.com
DODIER & COMPANY
(800) 970-7392 or (520) 299-1000

ChainLinks Media Contact:
Marie Robinson - 800.394.3701 ext. 8970