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Mid-America doubles a client’s investment in one year
Crest Hill, Ill. — Mid-America Real Estate Corp.’s Net Lease Investment Group recently brokered the sale of a two-tenant 88,000-sq.-ft. retail building leased to Big Lots and Home Owners Bargain Outlet in Crest Hill, Ill. A private investor in California purchased the property from a local Chicago area investor for $2.25 million.
Major retailers surrounding the property include Jewel/Osco, Ultra Foods, Food 4 Less and TJ Maxx.
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River Crossing adds a dollar store
Tucson, Ariz. — Gordon’s Dollar Plus Store has signed a lease for a 2,586-sq.-ft. apace at River Crossing in Tucson. Gordon’s Dollar Plus Store is licensed by Discount Dollar Store Services of Las Vegas. Plans call for the new store to open in mid-December.
Commercial Retail Advisors represented the landlord, La Cholla and River Road Associates in the transaction. DDSS Real Estate represented the tenant.