Grand Rapids, Mich. — Mid-America Real Estate Corp. has negotiated the sale of Cascade East, a 99,529-square-foot community center located in Grand Rapids. Anchored by D&W Fresh Market, the center was 97 percent leased at the time of sale. Additional tenants include Hallmark, Sola Salon Studios, iSmash, Your Pets Naturally, HOTWORX, Warhammer and Pit Stop Catering. Ben Wineman, Eric Geskermann and Daniel Stern of Mid-America represented the seller, a publicly traded REIT, in the transaction. The property was acquired by Detroit, Michigan-based Batal Real Estate.
