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Chicago — Mid-America Real Estate Corp. has arranged the $53 million sale of Webster Place, a 134,918-square-foot shopping center located in the Lincoln Park neighborhood of Chicago.
Regal Cinemas, Webster Place Athletic Club, Barnes & Noble and Chase Bank anchor the center. Syndicated Equities Group sold the property to Ramco-Gershenson Properties Trust. Ben Wineman and Carly Gallagher of Mid-America brokered the transaction.