Mid-America Real Estate Completes Sale of PNC Bank branch | Milwuakee Property - New York Buyer

 

Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent sale of a two story bank branch located in urban Milwaukee, WI. PNC occupies the main floor and basement of the building while Shore Trips travel agency occupies the second floor. The property is located right near the University of Wisconsin – Milwaukee campus and is premier A+ real estate.

Tom Fritz and Mark Goldberg of Mid-America Real Estate Corporation and Dan Cohen of Mid-America Real Estate-Wisconsin, L.L.C. exclusively represented the seller in the transaction. The buyer was a private investor from New York.  

 

Local Knowledge. National Exposure.

The Best of Both Worlds.

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
 

For more information on our current property listings please Click Here

Mid-America Real Estate Completes Sale of NNN Single Tenant PNC Bank

 

Mid-America Real Estate Corporation announces the recent sale of a PNC Bank Ground Lease in Franklin Park (Chicago), Illinois. The property was a former Blockbuster Video currently being renovated to accommodate PNC with 3 drive thru lanes. The 15 year ground lease sold at a 5.30% cap rate, which is the most aggressive 15 year bank ground lease we have seen sell in the country (exclusive of California) over the past 3 years.
 

Tom Fritz, Mark Goldberg, and Bill Wright, of Mid-America Real Estate exclusively represented the seller, a local private developer, in the transaction. The buyer was a private individual from out of state.
 

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

For more information on our current property listings please Click Here

Mid-America Real Estate Completes Sale of NNN Single Tenant BMO Harris Bank

Mid-America Real Estate Corporation announces the recent sale of the BMO Harris Bank in Plover (Stevens Point), WI. The property is leased to BMO Harris, with 14 years left on the primary term.

Mark Goldberg, Tom Fritz, and Bill Wright of the Chicago Office and Dan Cohen, of the Mid-America Real Estate Milwaukee Office, exclusively represented the Seller, TOLD Development, in the transaction.
 

Local Knowledge. National Exposure.

The Best of Both Worlds.
 

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
 

For more information on our current property listings please Click Here