Wednesday, September 12, 2012

Mid-America Real Estate Completes Portfolio Sale of Two NNN Single Tenant CVS Properties in Indiana

Mid-America Real Estate brokers three net lease sales in Indiana

Oakbrook Terrace, Ill.-based Mid-America Real Estate Corporation’s Net Lease Investment Group recently brokered three net lease sales in Indiana, two for CVS Pharmacy buildings located in Indianapolis and Portland, Ind., and one for a Rally’s Hamburgers drive-in located in Kokomo, Ind.
Mid-America represented the sellers in all three transactions.

“These sales showcase the national market’s continued strong appetite for well-located, solid credit, single-tenant investments,” said Mid-America broker Bill Wright, who was involved in all three transactions. “The Midwest continues to draw heavy interest from both east and west coast investors and this strong demand is helping produce maximum value for today’s sellers.”
Bill Wright, Tom Fritz and Mark Goldberg, of Mid-America Real Estate in cooperation with Indiana-based Sitehawk Retail Real Estate, exclusively represented the undisclosed sellers in all three transactions.

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© 2012 Real Estate Communications Group. Duplication or reproduction of this article not permitted without authorization from the Real Estate Publishing Group. For information on reprint or electronic pdf of this article contact Mark Menzies at 312-644-4610 or menzies@rejournals.com

http://www.rejournals.com/2012/09/12/mid-america-real-estate-brokers-three-net-lease-sales-in-indiana/

Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate. Mid-America Real Estate Group is a full-service retail real estate organization that has become the Midwest’s leader in retail investment sales. For more information, call (630) 954-7300 or visit www.midamericagrp.com/netlease.html

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