Mid-America Real Estate closes sale of Stone Creek Towne Center

Cincinnati -- Mid-America Real Estate Corp.’s Investments Sales Group announced the recent sale of Stone Creek Towne Center located in Cincinnati.



The property was purchased by Oakbrook, Ill.-based Inland Real Estate for $36 million from a joint venture between Brandicorp and Trinity Development Co.



Stone Creek Towne Center is a regional shopping center located on Cincinnati’s northwest side. The sale included 143,000 sq. ft. (out of 450,000 sq. ft. of new retail development). Stone Creek Towne Center is anchored by Best Buy, Bed Bath & Beyond and Old Navy, and shadow-anchored by Meijer, J.C. Penney, Toys R Us and La-Z-Boy.