{"id":1004308508,"date":"2019-03-15T05:19:55","date_gmt":"2019-03-15T13:19:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004308508"},"modified":"2019-03-15T07:25:17","modified_gmt":"2019-03-15T15:25:17","slug":"rpt-realty-sells-2-wi-shopping-centers-for-69m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/","title":{"rendered":"RPT Realty Sells 2 WI Shopping Centers for $69M"},"content":{"rendered":"<div id=\"attachment_1004308517\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004308517\" data-attachment-id=\"1004308517\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/the-shoppes-at-fox-river\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;14&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5DS&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1532621312&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;16&quot;,&quot;iso&quot;:&quot;400&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"The Shoppes at Fox River\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Shoppes at Fox River&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg?w=800\" class=\"wp-image-1004308517 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004308517\" class=\"wp-caption-text\">The Shoppes at Fox River<\/p><\/div>\n<p>RPT Realty has sold The Shoppes at Fox River in Waukesha, Wis., and East Town Plaza in Madison, Wis., for a combined $68.5 million. Mid-America Real Estate Corp. brokered the sale of The Shoppes at Fox River. Both properties were purchased by private investors. Proceeds from both sales will go towards funding the firm&#8217;s value creation initiatives and reducing leverage.&nbsp;<\/p>\n<p>Located at 1180 W. Sunset Drive, The Shoppes at Fox River comprises 483,409 square feet. The open-air retail center is anchored by grocer Pick &#8216;N Save, Ross Dress for Less, Old Navy, Ulta, Five Below, Hobby Lobby, TJ Maxx, Petco, Dollar Tree and Target. The property was built in 2009 by The Opus Group and expanded in 2012, 2014 and 2016.&nbsp;Situated at 2119 Zeier Road, East Town Plaza comprises 341,467 square feet. The asset is anchored by Burlington, Marshalls, DSW, Ulta, Kirkland&#8217;s Home, Party City and more.&nbsp;<\/p>\n<p>Mid-America Real Estate Corp.&#8217;s Investment Sales team included Principal Ben Wineman and Mid-America Real Estate Wisconsin LLC Principal<strong>&nbsp;<\/strong>Dan Rosenfeld,&nbsp; representing the seller.&nbsp;Mid-America Real Estate \u2013 Michigan Inc.&#8217;s Principal Cynthia Kratchman represented the buyer.&nbsp;<\/p>\n<p>The firm remains active in the Midwest market, having brokered several retail sales over the past year. Last June,&nbsp;Mid-America Real Estate Corp. represented the seller in its <a href=\"https:\/\/www.commercialsearch.com\/news\/mid-america-brokers-chicago-retail-sale\/\">disposition of&nbsp;Montrose Commons<\/a>, a 31,325-square-foot retail property in Chicago.&nbsp;<\/p>\n<p><em>Image courtesy of&nbsp;Mid-America Real Estate Corp.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm sold The Shoppes at Fox River in Waukesha and East Town Plaza in Madison. Proceeds will go towards funding the firm&#8217;s value creation initiatives and reducing leverage.\u00a0<\/p>\n","protected":false},"author":746,"featured_media":1004308517,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,13,21742,21749],"tags":[36646,44681],"class_list":["post-1004308508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-midwest","category-latest","category-retail","tag-mid-america-real-estate-corporation","tag-rpt-realty"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RPT Realty Sells 2 WI Shopping Centers for $69M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RPT Realty Sells 2 WI Shopping Centers for $69M\" \/>\n<meta property=\"og:description\" content=\"The firm sold The Shoppes at Fox River in Waukesha and East Town Plaza in Madison. Proceeds will go towards funding the firm&#039;s value creation initiatives and reducing leverage.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-15T13:19:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-15T15:25:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/\",\"name\":\"RPT Realty Sells 2 WI Shopping Centers for $69M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg\",\"datePublished\":\"2019-03-15T13:19:55+00:00\",\"dateModified\":\"2019-03-15T15:25:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg\",\"width\":800,\"height\":620,\"caption\":\"The Shoppes at Fox River\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RPT Realty Sells 2 WI Shopping Centers for $69M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\",\"name\":\"IvyLee Rosario\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"caption\":\"IvyLee Rosario\"},\"description\":\"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here\u2014Twitter: @IvyLeeRosario and LinkedIn: https:\/\/www.linkedin.com\/in\/ivyleerosario\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/ivyleerosario\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"RPT Realty Sells 2 WI Shopping Centers for $69M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/","og_locale":"en_US","og_type":"article","og_title":"RPT Realty Sells 2 WI Shopping Centers for $69M","og_description":"The firm sold The Shoppes at Fox River in Waukesha and East Town Plaza in Madison. Proceeds will go towards funding the firm's value creation initiatives and reducing leverage.\u00a0","og_url":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-03-15T13:19:55+00:00","article_modified_time":"2019-03-15T15:25:17+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg","type":"image\/jpeg"}],"author":"IvyLee Rosario","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/","url":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/","name":"RPT Realty Sells 2 WI Shopping Centers for $69M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg","datePublished":"2019-03-15T13:19:55+00:00","dateModified":"2019-03-15T15:25:17+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg","width":800,"height":620,"caption":"The Shoppes at Fox River"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/rpt-realty-sells-2-wi-shopping-centers-for-69m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"RPT Realty Sells 2 WI Shopping Centers for $69M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780","name":"IvyLee Rosario","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67","caption":"IvyLee Rosario"},"description":"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here\u2014Twitter: @IvyLeeRosario and LinkedIn: https:\/\/www.linkedin.com\/in\/ivyleerosario\/","url":"https:\/\/www.commercialsearch.com\/news\/author\/ivyleerosario\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/The-Shoppes-at-Fox-River.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004308508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/746"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004308508"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004308508\/revisions"}],"predecessor-version":[{"id":1004309096,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004308508\/revisions\/1004309096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004308517"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004308508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004308508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004308508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}