Matteson, Ill., center acquired by Cole Credit
Matteson, Ill. — Cole Credit Property Trust IV has acquired the 150,045-sq.-ft. Matteson Center in Matteson, Ill., for approximately $19 million. Marshalls, Sports Authority, Ross Dress for Less and PetSmart anchor the community shopping center located in the suburbs south of Chicago.
Mid-America Real Estate Corp. represented the seller, Kimco Realty Corp. in the transaction. Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Oakbrook Terrace, Ill.