REAL ESTATE

St. Louis area center acquired for $14.6 million

BY Al Urbanski

Northeast Capital Group has acquired Crossroads Centre in the eastern St. Louis suburb of Fairview Heights, Illinois, for $14.6 million.

Located at the southwest corner of Lincoln Highway and Illinois Street in Fairview Heights, the 242,754-sq.-ft. center includes Ruler Foods, TJ Maxx, Chuck E. Cheese’s, Dollar Tree, and Sky Zone.

Fairview Heights is a retail magnet in southwestern Illinois, populated by several open-air centers, as well as CBL’s St. Clair Square mall.

Mid-America Real Estate Corporation Principals Rick Drogosz and Ben Wineman were the exclusive brokers in the transaction on behalf of the seller, Brixmor.

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