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Mid-America arranges $2 million sale of Columbian Retail Shops


Chicago -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Columbian Retail Shops in Chicago. Chicago-based Newcastle Limited purchased the 6,600-sq.-ft., two-tenant retail property for $2 million.

The Columbian Retail Shops is located at the northwest corner of South Michigan Avenue and East Roosevelt Road in Chicago. The center features retailers Burger Bar and Elements Therapeutic Massage.

Joe Girardi and Carly Gallagher of Mid-America Real Estate Corporation were the exclusive brokers in the transaction on behalf of Boston-based Long Wharf Real Estate Partners LLC.

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