Mid-America Real Estate Arranges Sale of Prairie Crossings in Suburban Chicago for $24.7 Million

Frankfort, Ill. – Prairie Crossings Shopping Center includes tenants such as Bed Bath & Beyond, Sports Authority, Office Depot, Famous Footwear, Chipotle and Panera.

Inland Real Estate Corp. purchased the 109,079-square-foot Prairie Crossings Shopping Center in Frankfort, Ill., from Chase Properties for $24.66 million.Frankfort, Ill. – Mid-America Real Estate Corporation’s Investment Sales team has brokered the sale of Prairie Crossings Shopping Center in Frankfort, located 35 miles southwest of Chicago. Oak Brook, Illinois-based Inland Real Estate Corp. purchased the 109,079-square-foot center for $24.66 million. Prairie Crossings Shopping Center includes tenants such as Bed Bath & Beyond, Sports Authority, Office Depot, Famous Footwear, Chipotle and Panera, and is shadow-anchored by Kohl’s. Ben Wineman and Carly Gallagher of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of the seller, Beachwood, Ohio-based Chase Properties.

   Scott Reid

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