Mid-America Real Estate Arranges Sale of West Allis Center in West Allis, WI
West Allis Center is a dominant, established grocery anchored power center located in the dense, infill suburb of West Allis, Wisconsin.
MILWAUKEE, Wisc. (August 29, 2019) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of West Allis Center in West Allis, Wisconsin. The 259,962 square-foot retail center was purchased by Brentwood, Tennessee-based GBT Realty Corporation.
West Allis Center is a dominant, established grocery anchored power center located in the dense, infill suburb of West Allis, Wisconsin. Located just four miles southwest of downtown Milwaukee, West Allis Center is ideally situated along the 108th Street retail corridor.
The center is leased to five of the nation’s leading investment grade credit retailers including Milwaukee’s leading market share grocer, Pick ‘n Save (Kroger Co.). Kohl’s, Marshalls/HomeGoods, BMO Harris Bank and Walgreens complete the tenant lineup.
Mid-America Real Estate Corporation Principal Ben Wineman in cooperation with Mid-America Real Estate- Wisconsin, LLC Principal Dan Rosenfeld were the exclusive brokers in the transaction on behalf of the seller, Beachwood, Ohio-based Retail Value, Inc.
Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Chicago, Ill. The company is the Midwest’s leading full-service retail real estate organization with offices in Oakbrook Terrace IL, Chicago, Milwaukee, Minneapolis and Detroit. For more information, call (630) 954-7300 or visit www.midamericagrp.com.
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This retail center is anchored by Walgreens.