Mid-America Net Lease Group Completes Sale of LA Fitness in Plainfield, IL

 

Mid-America Real Estate Corporation’s Net Lease Group is pleased to announce the recent sale of the LA Fitness located in Plainfield, IL. This marks the 9^th free standing LA Fitness that Mid-America has successfully sold. The property was bank owned and part of a planned 40 acre retail development. LA Fitness is currently the only building on the site, while the sale involved a complicated lease clause related to property taxes and transfer of ownership. Call for more details.

Tom Fritz and Mark Goldberg of Mid-America Real Estate Corporation exclusively represented the Seller in the transaction. The buyer was a fund from the east coast.   

 

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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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