Mid-America Net Lease Group Completes Sale of Aldi in Elk River, MN

 

Mid-America Real Estate Corporation’s Net Lease Group announces the recent sale of Aldi located in Elk River, MN. There are 14.5 years of primary term remaining on the NN lease with rent increases every 5 years.

Tom Fritz and Mark Goldberg of Mid-America Real Estate Corporation and Mike Sims of Mid-America Real Estate – Minnesota, LLC exclusively represented the Seller, a local developer, in the transaction.  The buyer was a an investment fund from Germany.

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 Net Lease Group Sells Goodwill in Sheboygan, WI

 

 

Mid-America Real Estate Corporation’s Net Lease Group is pleased to announce the recent sale of a newly constructed Goodwill in Sheboygan, WI. The property was a relocation store next to the area’s Walmart Supercenter.   

 

Tom Fritz and Mark Goldberg of Mid-America Real Estate Corporation and Dan Rosenfeld of Mid-America Real Estate–Wisconsin, L. L. C.  exclusively represented the Seller in the transaction. The buyer was from Florida.

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 Net Lease Group Sells GSA Office Building - Davenport, IA

 

Mid-America Real Estate Corporation’s Net Lease Group is pleased to announce the recent sale of a newly renovated GSA Office Building in Davenport, IA. There were 9 years remaining on the gross lease at the time of the sale.

Mark Goldberg and Tom Fritz of Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate–Iowa, LLC exclusively represented the Seller, a local developer, 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

Mid-America Net Lease Group Completes Sale of Dollar General in Milwaukee, WI

 

Mid-America Real Estate Corporation’s Net Lease Group is pleased to announce the recent sale of a newly retrofitted Dollar General in Milwaukee, WI. The sale of the 10 year NN lease at a 7.67% cap rate marks one of the most aggressive 10 year dollar store sales in a four year history, trading better than some 15 year stores. See comps below:

 

 

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, a local developer, in the transaction. The buyer was from the east coast.    

 

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 EXCLUSIVE BANK STUDY: Where Do You Get the Biggest BANK for Your Buck?

In this Mid-America Net Lease Group Exclusive Study, we decided to compare the top 9 national banks and see where investors get the best “bank” for their buck in terms of financial strength vs cap rate. The report includes a financial snapshot of each bank, a summary of their lease terms, cap rates, total deposits, and average deposits per branch. We then ranked each bank by different sets of financial parameters with an average score at the bottom, showing how each bank stacks up against the others. The results will surprise you.

CLICK HERE TO REVIEW

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 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.   

 

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 Net Lease Group Completes Sale of Advance Auto Parts in Lake Geneva, WI

 

Mid-America Real Estate Corporation’s Net Lease Group announces the recent sale of Advance Auto Parts located in Lake Geneva, WI. The transaction represented one of the most aggressive Advance Auto sale cap rates in the country. The property was purchased by an out of state investment fund and closed all cash.  Call for more details.

Tom Fritz and Mark Goldberg of Mid-America Real Estate Corporation exclusively represented the Seller 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

Mid-America Net Lease Group Completes Sale of Fifth-Third Bank Ground Lease in Matteson, IL

 

Mid-America Real Estate Corporation’s Net Lease Investment Group announces the sale of a freestanding Fifth Third Bank ground lease in Matteson, IL.  The property sits in front of the Lincoln Mall, which has historically been vacant and will be redeveloped in the future.
  

Tom Fritz, Mark Goldberg, and Ben Wineman of Mid-America Real Estate Corporation exclusively represented the seller.

 

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 Sells Walgreens | Spring Grove, IL | 20 Years Remaining

Mid-America Real Estate Corporation’s Net Lease Investment Group announces the sale of a Walgreens in Spring Grove, IL. The free standing NNN drug store was built in 2008 and has just over 20 years remaining on the primary lease term.  

 

Tom Fritz & Mark Goldberg with Mid-America Real Estate Corporation exclusively represented the seller, a local Illinois based developer. The buyer was from California.  

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 Net Lease Group Sells Firestone in Milwaukee Submarket

Mid-America Real Estate Corporation’s Net Lease Investment Group announces the sale of a Firestone in Wauwatosa (Milwaukee), WI. The newly constructed Firestone is located in front of a Lowe’s anchored center with 14+ years remaining on the primary lease term. The lease is NN with landlord responsible for roof and structure with rent increases every 5 years.

 

Tom Fritz & Mark Goldberg with Mid-America Real Estate Corporation and Dan Cohen of Mid-America Real Estate-Wisconsin, L.L.C. exclusively represented the seller, a private Wisconsin based developer. The buyer was a family trust out of Chicago.  

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 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's Mark Goldberg, a Featured Speaker at the National Net Lease Investment Conference

Mark Goldberg, Vice President, of Mid-America Net Lease Investment Group, was a featured speaker at the National Net Lease Investment Conference in Chicago on November 1st, 2012.  Mr. Goldberg was part of the panel discussing the Institutionalization of the Net Lease Market. 

When asked about the how the institutionalization of the sector affecting business from an advisor perspective, Mr. Goldberg explained that institutions are not only competitive on pricing but are efficient to work with and able to expedite transactions. "They can do an 18-day due diligence period, where a private buyer would be hard-pressed to finish a contract in 18 days...the efficiency of the larger players is making it more difficult for smaller investors to compete for a lot of assets. " 

The National Net Lease Investment Conference was produced by National Real Estate Investor and RetailTraffic.com.  The conference covered the current state and future direction of the net lease industry.  The topics discussed were single tenant development outlook, sale leaseback market, joint venture equity for NNN developers, single tenant retailer expansion plans, DST ownership structures, and if transaction volume in the single tenant and net lease real estate industry will exceed the $18 billion completed in the previous year. 

For the full article please follow the link: NREI Online - Individual Investors Feel Pressure from Institutions in Net Lease Space


About Mid-America Net Lease Group

The Mid-America Net Lease Investment Group is dedicated to the disposition and acquisition of single tenant net leased retail properties. We have developed a national network of net lease buyers with a special focus on West Coast investors. This national platform gives us access to an extremely deep pool of net lease investors, while providing our single tenant clients with the best pricing and opportunities the market has to offer. More than any other net lease investment firm, Mid-America is known for the depth of our retail knowledge. Our unique focus on single tenant retail and proven track record provides investors with superior service and results.

 

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 AT&T

Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent sale of a free standing AT&T building in Hibbing, MN. The property was constructed in 2010 with a 10 year primary term and has 8 years remaining. AT&T sits as an outlot to Lowe’s in what is known as the “Iron Capital of the World”. Hibbing is located 3 hours north of Minneapolis and has 14,420 people within 5 miles of the property.

 

The Seller was represented by Tom Fritz, Mark Goldberg, Bill Wright of Mid-America Real Estate Corporation and Mike Sims of Mid-America Real Estate-Minnesota. The buyer was a group of private individuals from Wisconsin. 

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 Jo-Ann Fabrics and Crafts

Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent sale of a free standing Jo-Ann Fabrics and Crafts in Shakopee, MN. The property is a new build-to-suit with a 10 year primary term and rent increase in year 6.

The Seller, Ryan Companies, was represented by Tom Fritz, Mark Goldberg, Bill Wright of Mid-America Real Estate Corporation and Mike Sims of Mid-America Real Estate-Minnesota. The buyer, a private net lease fund, was self-represented.

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 Sherwin Williams

 
Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent sale of a free standing Sherwin Williams in Hartford, WI. The property sold at full price and is a new build-to-suit with a 10 year primary term and rent increase in year 6. The 7.00% sale cap rate is one of the most aggressive in the country for similar credit and lease term.  
 

Tom Fritz, Mark Goldberg, Bill Wright, 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 California.

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 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.

Tags | Bill Wright, Illinois, Indiana, Indianapolis, Kokomo, Mark Goldberg, Mid-America Real Estate, Oakbrook Terrace, Portland, Tom Friz
© 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

For more information on our current property listings please Click Here

MID-AMERICA EXCLUSIVE STUDY: Is Your Steakhouse Hot, Medium, or Rare?

We are constantly asked by clients who the “hot” tenants are, what lease terms we are seeing, and what the exit cap rates are. Having access to this in depth information truly differentiates Mid-America from our competitors and gives our clients an edge against other investors and properties in the market. Our goal is to be your number one source of retail information. Period. We would like to share our most recent study with you.

This study shows all of the above, plus the different financial positions for each of the top 5 steakhouse chains currently being sold in the market. More information is always available upon request. Let us know what we can do to help you.

 

 

Local Knowledge.  National Reach.

The Best of Both Worlds.

Tom Fritz, Bill Wright, and Mark Goldberg

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