Michigan

Portage, Mich. — Mid-America Real Estate Corp. has brokered the sale of Shoppes at Romence Village, a 62,079-square-foot shopping center located in Portage, five miles south of Kalamazoo. The center — which was 96 percent leased at the time of sale — features a mix of tenants including AAA, Great Clips, Michigan Secretary of State, Jet’s Pizza, Once Upon A Child and Clothes Mentor. New York-based Time Equities purchased the property for an undisclosed price. Ben Wineman, Daniel Stern and Brad Lefkowitz of Mid-America represented the seller, Bloomfield Hills, Michigan-based …

Canton, Mich. — Marcus & Millichap has brokered the $23.8 million sale of Willow Creek Shopping Center, a 161,626-square-foot power center located in Canton, roughly 23 miles west of Detroit. Originally built in 2004, the center is shadow-anchored by IKEA. Tenants at the property — which was fully leased at the time of sale — include Michaels, Marshalls, Dunham’s Sports, Crate & Barrel, Dollar Tree, Kirkland’s, Five Below and Direct Optical. All eight tenants are operating on a triple-net lease basis. Ashish Vakhariya, Darin Gross, and Seth Haron of Marcus …

Troy, Mich. — RCG Ventures has acquired Oakland Plaza, a 167,000-square-foot retail center located in the northern Detroit suburb of Troy, Michigan. Anchored by T.J. Maxx, Planet Fitness, Michaels, DSW And Kids Empire, Oakland Plaza was 97 percent leased at the time of sale. Other tenants at the property include Target, Dick’s Sporting Goods, Burlington, Kohl’s, Best Buy, HomeGoods, Rally House, American Mattress and Hobby Lobby. Ben Wineman, Patrick Corrigan and Daniel Stern of Mid-America Real brokered the transaction on behalf of the seller, Continental Realty Corp.

Chesterfield Township, Mich. — Mid-America Real Estate Corp. has arranged the sale of Waterside Marketplace, a 276,244-square-foot retail center located in the northeast Detroit suburb of Chesterfield Township. Tenants at the center, which was 93 percent leased at the time of sale, include T.J. Maxx, Sierra, Burlington, Best Buy, Ulta Beauty, DSW and Old Navy. Ben Wineman, Emily Gadomski and Daniel Stern of Mid-America represented the seller, PMAT Real Estate Investments, in the transaction. Octave Holdings and Investments was the buyer.