Shops at Centerpoint

Shops at Centerpoint was originally constructed in 1967 as the first indoor shopping mall serving the greater Grand Rapids metropolitan area. Beginning in 2000 and significantly in 2012 and 2013, the property was redeveloped into an open-air regional power center that is now one of the primary anchors of the 28th Street regional trade area. The subject offering sits at the northeast corner of 28th Street SE and Beltline Avenue SE, which offers incredible visibility to the more than 60,000 vehicles per day passing through the intersection and provides shoppers with multiple points of convenient access. The trade area has broad drawing power across the Grand Rapids metropolitan area given the critical mass of national retailers, grocers, and lifestyle tenants and restaurants, many of which have selected Shops at Centerpoint and the trade area for their first Grand Rapids location.Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate – Michigan, Inc., has been exclusively retained on behalf of the owner to sell the 100% fee simple interest in Shops at Centerpoint, one of the premier retail destinations serving the fast growing Grand Rapids, Michigan market. Considered one of the top retail sites in the State of Michigan, Shops at Centerpoint is located in the dense, affluent southeastern residential and commercial area. This offering represents a rare opportunity to acquire a dominant, institutional quality regional center that features a diverse and stable line-up of national credit retailers, health & wellness, lifestyle and entertainment uses, and fast-casual restaurants.