Mid-America Arranges $5.5 Million Sale of Quincy Plaza in Iowa

Tenants such as Hobby Lobby anchor Quincy Plaza, located southeast of Des Moines in Ottumwa. Tenants such as Hobby Lobby anchor Quincy Plaza, located southeast of Des Moines in Ottumwa.

Ottumwa, Iowa — Mid-America Real Estate Corp. has arranged the sale of Quincy Plaza, a 137,389-square-foot retail center in Ottumwa, southeast of Des Moines, for $5.5 million.

The center is anchored by Hobby Lobby, Famous Footwear and Rent-A-Center. Ben Wineman and Carly Gallagher of Mid-America Real Estate Corp. were the exclusive brokers in the transaction on behalf of a fund managed by Cincinnati-based Phillips Edison. Eric Wohl of Hanley Investment Group represented the buyer, Albanese Cormier Holdings.

More News