GDA acquires portion of Michigan power center

GDA Real Estate Services has purchased an 174,353-sq.-ft. portion of the Marketplace at Delta Township Lansing, Michigan, in a deal brokered by Mid-America Real Estate Corporation. The sale price was not disclosed.



Key tenants at the acquired property include Michael’s, Petsmart, Tractor Supply, and Ulta Beauty. It is shadow-anchored by Walmart and Lowes.



Ben Wineman and Carly Gallagher of Mid-America Real Estate Corporation, in cooperation with Daniel Stern of Mid-America-Michigan, acted on behalf of the seller, a public REIT.