Lexington, Ky. — Mid-America Real Estate Corp. has brokered the $59.8 million sale of two Kroger-anchored shopping centers in Lexington: Tates Creek Centre and Millpond Center.
Branch Properties acquired both assets in a single transaction. Joe Girardi of Mid-America arranged the transaction on behalf of the seller, Weingarten Realty. The 196,028-square-foot Tates Creek Centre is home to tenants such as Proof Fitness, Rite Aid, MOD Pizza, PNC Bank and H&R Block. Millpond Center totals 124,498 square feet and is home to tenants such as Workout Anytime, Subway and Pizza Hut.