Mid-America Real Estate

Another inspiring year at the University of St. Thomas Real Estate Career Fair! With nearly 40 companies in attendance once again, the energy, curiosity, and professionalism from students continue to remind us just how bright the future of the real estate industry truly is. Our team; Andrew Klohn, Doug Sailor, and Johnny Reimann had a great time connecting with aspiring real estate professionals, sharing industry insight, and meeting the next generation of talent. A big thank you to the UST Real Estate Society and St. Thomas for hosting another outstanding event that brings together community, opportunity, and the future leaders of our industry. #RealEstateCareers #USTRealEstateSociety #CareerFair #FutureLeaders #MidAmericaRealEstate

Mid-America Real Estate | Investment Sales Group recently brokered the sale of East Park Plaza, a 214,029 square foot grocery-anchored shopping center with attractive value-add opportunities and a strategic position along Lincoln, Nebraska’s primary commercial thoroughfare. East Park Plaza features a freestanding Russ’s Market, one of the most popular grocery chains in the Lincoln MSA. In addition to Russ’s Market, the center features high performing Marcus Theatres 📽️ and Famous Footwear 👟 locations that generate strong sales per square foot. The subject offering caters to desirable surrounding demographics, featuring an affluent, densely populated residential market of more than 209,800 residents within five miles and a corresponding average household income of $88,200, in addition to the more than 24,000 students attending the nearby University of Nebraska-Lincoln. Principal Rick Drogosz and Senior Associate Patrick Corrigan served as the exclusive listing broker on behalf of the seller, Starwood Property Trust. The center was acquired by Broad Reach Retail Partners.

MidAmerica Asset Management is excited to welcome Mark Brennan as our new Senior Asset Manager. Mark brings over 25 years of experience from his role as Senior Vice President at Edgemark Asset Management. His deep industry knowledge and strong relationships are already making an impact—he’s secured three new property management and accounting agreements starting next month, with more on the way. We’re thrilled to have Mark on the team and look forward to the growth ahead! #midameriaRE #welcome #propertymanagement #assetmanagement #real estate

MidAmerica Asset Management would like to announce the promotion of Lori Alberico to Senior Facilities Manager. Lori joined us six years ago, in 2019, as our first Facilities Manager and has excelled at earning the trust and respect of her clients. Her responsiveness, attention to detail, and commitment to customer service have set the standard for our growing Facilities Management team. Congratulations to Lori on this well-deserved and hard-earned promotion! #midamericaRE #FacilitiesManagement #Promotion #RealEstate #Congratulations

Mid-America Real Estate | Investment Sales Group recently brokered the #sale of Deerbrook Shopping Center, a 🛒 Jewel-Osco anchored shopping center with outstanding national tenancy and immediate value-add and redevelopment opportunities in Deerfield, Illinois. Deerbrook Shopping Center is anchored by a high performing, full-service Jewel-Osco, and features a highly desirable rent roll of longstanding retailers and recent additions such as Marshalls, Floor & Décor, Sky Zone, Office Depot, Starbucks, Panera, Noodles & Company, Sleep Number, City BBQ, Mattress Firm, and Subway. The surrounding area of the 428,612 square foot center boasts one of the most affluent demographic profiles in the country with its desirable North Shore location. Principals Richard Drogosz and Joe Girardi, and Senior Associate Patrick Corrigan, served as the exclusive listing brokers on behalf of the seller, a global investment advisor. The center was acquired by Core Acquisitions, LLC (Sameer Khan, Adam Firsel, Brad Joseph, Stephen VanHandel). #JustSold #CRE #Deerfield #Illinois

Mid-America Asset Management is proud to announce that 810 Entertainment has become part of The Arboretum of South Barrington, adding an exciting new element of entertainment to the community. 810 Entertainment is an upscale entertainment venue that combines classic bowling with a modern twist. Each location offers state-of-the-art bowling lanes and championship-size billiards tables. The concept goes beyond gaming by delivering a full-service scratch kitchen with hand-crafted menu items. 810 Entertainment is designed for families, friends, and corporate events. Brokers Paige Schiesser and Liz Sweeney represented the HEIDNER PROPERTIES INC., Inc. property, The Arboretum of South Barrington (The Arb). Tenant representation was provided by Segovia Partners. For more information, visit: https://lnkd.in/gUtaJXgf

Last week our Chicago team joined forces with the Greater Chicago Food Depository to help repack donated food for distribution to pantries, soup kitchens, and shelters across Cook County. The Greater Chicago Food Depository strives to end hunger by connecting neighbors with healthy food and advancing solutions that address the root causes of hunger. Every box packed makes a difference. 💙 Learn more about how you too can support their food assistance programs: https://lnkd.in/gxWMgxn Mid-America is thrilled to celebrate another successful office #volunteer day as part of our #Community #Table #Initiative this fall. Together, we’re driving an even greater impact across the Midwest. See where else we’re actively making a difference: https://lnkd.in/drUnnvqW

Mid-America Real Estate | Investment Sales Group recently brokered the #sale of Market Meadows, a recently redeveloped 149,185 square foot grocery-anchored community center located in Naperville, Illinois. Market Meadows is anchored by a strong-performing #Jewel-#Osco, providing excellent drawing power to the center. The 98% leased shopping center features a stable tenant line-up of national, regional, and local tenants including Jewel-Osco, McDonald’s, U.S. Bank, BMO Bank, Chipotle, Jersey Mike’s Subs, Delta Life Fitness, Dutch Bros, Big Blue Swim School, Versiti Blood Center of Illinois, T-Mobile and more. Positioned at the corner of the fully signalized intersection of 75th Street (31,300 VPD) and Naper Boulevard (15,400 VPD), the shopping center features superb visibility and frontage along two major thoroughfares in Naperville. #Naperville was ranked the third Best City to Live in America by Niche in 2022 and the area surrounding Market Meadows provides outstanding residential demographics. Richard Drogosz and Eric Geskermann served as the exclusive listing brokers on behalf of the seller, Shorewood Development Group. The center was acquired by an institutional investor.

The Mid-America Minnesota Investment Team is pleased to announce the successful sale of Dean Lakes Retail, a 100% occupied, four-tenant retail center totaling 7,644 SF in Shakopee, Minnesota.    Strategically located near major entertainment destinations including Mystic Lake Casino, Canterbury Park, and the upcoming Mystic Lake Amphitheater (opening 2026), the property features a dynamic tenant lineup of Qdoba, Jersey Mike’s, LeeAnn Chin, and Shakopee Liquors.   With a weighted average lease term of 5 years, strong demographics ($133K average household income within 3 miles), and a high-growth location, Dean Lakes represents a stable, well-positioned investment opportunity.   Congratulations to Amy Senn and Bryce Thompson of Mid-America Real Estate – Minnesota, LLC, along with Joe Girardi and Eric Geskermann of Mid-America Real Estate Corporation, who represented the seller in this transaction, and Bill Krebsbach with Colliers who represented the buyer, in this transaction.   📍 4041–4057 Dean Lakes Boulevard, Shakopee, MN   #MidAmericaRealEstate #RetailInvestment #JustSold #MinnesotaRealEstate #Shakopee #QSR #RetailLeasing

We're proud to share that our very own Tricia Pitchford was honored at last week's Minnesota Commercial Association of REALTORS® (MNCAR) Expo & Awards Program with REDI Award for Outstanding Retail Knowledge, recognizing her significant contributions to the MNCAR Retail Advisory Board. Congratulations, Tricia! Your leadership and expertise continue to drive our team forward.