Mid-America Arranges $59.8 Million Sale of Two Kroger-Anchored Centers in Kentucky

Tates Creek Centre (pictured) was included in the transaction. The center houses tenants such as Kroger, Proof Fitness and MOD Pizza. Tates Creek Centre (pictured) was included in the transaction. The center houses tenants such as Kroger, Proof Fitness and MOD Pizza.

Lexington, Ky. — Mid-America Real Estate Corp. has brokered the $59.8 million sale of two Kroger-anchored shopping centers in Lexington: Tates Creek Centre and Millpond Center.

Branch Properties acquired both assets in a single transaction. Joe Girardi of Mid-America arranged the transaction on behalf of the seller, Weingarten Realty. The 196,028-square-foot Tates Creek Centre is home to tenants such as Proof Fitness, Rite Aid, MOD Pizza, PNC Bank and H&R Block. Millpond Center totals 124,498 square feet and is home to tenants such as Workout Anytime, Subway and Pizza Hut. 

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