Mid-America Secures Five Retail Leases in Chicago
Chicago — Mid-America Asset Management Inc. has secured five retail leases on behalf of shopping centers in the Chicagoland area.
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Chicago — Mid-America Asset Management Inc. has secured five retail leases on behalf of shopping centers in the Chicagoland area.
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Paoli, Pa. — HFF has arranged $38.3 million in financing for Paoli Shopping Center, a grocery-anchored retail center in Paoli.
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Lower Macungie Township, Pa. — The Goldenberg Group and TCH Development have begun construction of the Hamilton Crossings Shopping Center in Lower Macungie Township.
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Woodbridge, N.J. – The store will be developed on a recently acquired parcel that sits adjacent to the original St. Georges Crossing site.
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Troy, Mich. – The properties are adjacent to Oakland Mall, a 1.5 million square-foot regional mall.
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Frankfort, Ky. – Pier 1 Imports and other national retailers will open this fall.
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Bristol, Tenn. – The 235-acre Pinnacle will be anchored by a Bass Pro Shops.
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Irvine, Calif. – The Lakeside Terrace and Canyon Springs shopping centers sold for the lowest cap rates ever reported for stabilized retail centers over 25,000 square feet in the area.
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Middletown, N.Y. – New York-based private investment group NorthEnd Equities purchased the property.
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Boston, New Jersey and Connecticut – The portfolio was 96 occupied at the time of sale and anchored by national and regional tenants, including Walmart, Kohl’s, Lowe’s Home Improvement Warehouse, Whole Foods, Trader Joe’s, Petco, Pier 1 Imports, Walgreens and CVS/pharmacy.
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